Balance Sheet and Net Income At the beginning of 2012, Flynn's Parking Lots had the following balance sheet: Assets Llabilities Cash $5,760 Accounts Payable $14,400 Accounts Receivable 17,640 Land Total Liabilities 14,400 Stockholders' Equity Common Stock 24,000 Retained Earnings 57,000 Total Stockholders' Equity 81,000 Total Assets 595,400 Total Liabilities and Stockholders' Equity $95,400 72,000 a. At the end of 2012, Flynn had the following assets and liabilities: Cash 510,560 Accounts Receivable 20,880 land 72,600 Accounts Payable 9,000 Cumion Stuck 24,000 $ Prepare a year-end balance sheet for Flynn's Parking Lots. a FLYNN'S PARKING LOTS Balance Sheet December 31, 2012 Liabilities and Stockholders Ecuity Current Assets: Current Liabilities: Cash S Accounts Receivable . Total Current Liabilities Total Current Assess Noncurrent Assets: Stockholders Equity Land . Total Noncurrent Assets Total Stockholders' Equity Total Assets S Total Liabilities and Stockholders' Equity