5.19 + LO8, 9 From the following account balances of Graduant as at 31 December 2016, prepare a balance sheet in both the T-format and the narrative classified format. Note: You will need to determine the balance of the retained earnings. Cash at bank Accounts receivable (net) Inventory Other current assets Land and buildings Intangible assets Other financial assets (term deposits) Accounts payable Borrowings Provisions Share capital Retained earnings $ 12 000 56 000 88 000 16 000 359 000 275 000 78 500 25 000 200 000 56 000 500 000