Arrangements has just completed operations for the year ended December 31,

20162016.

This is the third year of operations for the company. The following data have been assembled for the business:

Data Table $ 5,000 Salaries Expense $ 39,000 Insurance Expense Service Revenue 88,000 Accounts Payable 5,400 ,100 Office Supplies Utilities Expense 1,700 11,000 Rent Expense 13,000 Abby, Withdrawals Abby, Capital, Jan. 1, 2016 11,500 Accounts Receivable 5,000 6,800 Equipment Cash 22,300 PrintDone Reference Beautiful Arrangements ncome Statement Year Ended December 31,2016 Revenues: $88,000 Service Revenue Expenses: Salaries Expense 39,000 13,000 Rent Expense Insurance Expense 5,000 1,100 Utilities Expense 58,100 Total Expenses $ 29,900 Net Income Print Done Reference 1 Beautiful Arrangements Statement of Owner's Equity Year Ended December 31, 2016 $ 11,500 Abby, Capital, January 1, 2016 Owner contribution 0 29,900 Net income for the year $41,400 (11,000) Owner withdrawals 30,400 Abby, Capital, December 31, 2016 Print Done Beautiful Arrangements has just completed operations for the year ended December 31, 2016. This is the third year of operations for the company. The following data have been assembled for the business: EEB (Click the icon to view the assembled data.) (Click the icon to view the income statemntClick on the icon to view the statement of owner's equity,) Prepare the balance sheet of Beautiful Arrangements as of December 31, 2016. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Assets Liabilities Owner's Equity Choose from any list or enter any number in the input fields and then click Check