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As of December 31, 2017, Armani Company's financial records show the following items and amounts. Cash$11,200Accounts receivable10,200Supplies7,200Equipment6,200Accounts payable9,100Common stock18,500Retained earnings, Dec. 31, 20165,200Retained earnings, Dec.

As of December 31, 2017, Armani Company's financial records show the following items and amounts.

Cash$11,200Accounts receivable10,200Supplies7,200Equipment6,200Accounts payable9,100Common stock18,500Retained earnings, Dec. 31, 20165,200Retained earnings, Dec. 31, 20177,200Dividends14,200Consulting revenue35,400Rental revenue24,400Salaries expense21,200Rent expense13,200Selling and administrative expenses9,200

Required:

Prepare a year-end balance sheet for Armani Company.

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