Accountant and owner of Quick Renovations, C. Cloud had to go out of town to inspect a job site. Thus, he asked his cousin, Joseph Jordan, to prepare Quick Renovations December 31, 2018 balance sheet. Joseph Jordan had no knowledge of accounting but he did know that the balance sheet had to balance; therefore, in order to accomplish this, he had to use a plugged figure for owner's equity. The other accounts have the correct balances, but the totals may not be correct. Quick Renovations Balance Sheet December 31, 2018 Assets Lalities Service Revente Mortg Payable Account Receivable Total abilities 200.000 65.000 1600 281.000 Cash Supplies Building Land Salary Expert Accounts Payable Rent Total Assets 2.000 4.300 85.000 120.000 80.000 25,000 17200 32.500 Owner's Equity C. Clos Cantal 4740 Tatal liabilities & Ors Eguity 328.500 Required: Prepare the correct December 31, 2018 balance sheet of Quick Renovations