At December 31, 20X6, Tommer Products has cash of $16,000, receivables of $19,000, and inventory of $22,000. The company's equipment totals $82,000. Tommer owes accounts payable of $27,000, and long-term notes payable of $50,000. Share capital amounts to $15,300. Prepare Tommer's balance sheet at December 31, 20X6, complete with its proper heading. Use the accounting equation to compute retained earnings. Shareholders' equity