5 Land Instructions 311.000.00 The balances of Paradise Travel Service's accounting equation items for the year ended May 31, 20Y6, are listed below $17,000 of dividends were paid during the year Retained earnings as of June 1, 2015, was $340,000 Accounts Fees earned $745,000 Office expense 295,000 Miscellaneous expense 10,300 Wages expense 452,000 Accounts payable 44,400 Accounts receivable 72,200 Cash 42,800 Common stock 88 400