Accounting 240 Extra Credit opportunity On January 1, 2016, three brothers organized Southwest Company as a corporation. Each individual invested $10,000 cash in the business. On December 31, 2016, the owners prepared a list of resources owned and debts owed to support a company loan request for $50,000 submitted to a local bank. None of the three brothers had studied accounting. The list follows: Company Resources 12,000 Cash 7,000 Service supplies inventory on hand 57,000 Four service trucks practically new 190,000 Personal residence of organizers 30,000 Service equipment used in the business practically new 15,000 Bills due from customers $311,000 Total Company obligations 19,000 Unpaid wages to employees 8,000 Unpaid taxes 10,000 Owed to suppliers 45,000 Owed on service trucks and equipment to a finance company 10,000 Loan from organizer 92,000 Total Required Prepare a report for the local bank that includes the following: 1. Provide a balance sheet based on the information provided. 2. What additional questions would you raise about the measurement of items on the list? 3. Which amounts on the list would create special concerns e., what is missing)