1. Balance Sheet

   Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 20Y7, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows:

   Accounts Payable	$9,290
   Accounts Receivable	22,390
   Accumulated Depreciation - Equipment	27,960
   Common Stock	180,000
   Cash	?
   Equipment	80,820
   Land	108,000
   Prepaid Insurance	5,200
   Prepaid Rent	3,250
   Retained Earnings	6,360
   Salaries Payable	3,620
   Supplies	560
   Unearned Fees	2,690

   Prepare a classified balance sheet that includes the correct balance for Cash.

   Dynamic Weight Loss Co. Balance Sheet June 30, 20Y7

   Assets
   Current assets:
   Accounts payableCashCommon stockEquipmentUnearned fees		$- Select -
   Accounts payableAccounts receivableCommon stockEquipmentSalaries payable		- Select -
   Accounts payableAccumulated depreciation - equipmentCommon stockLandSupplies		- Select -
   Accumulated depreciation - equipmentCommon stockEquipmentPrepaid insuranceUnearned fees		- Select -
   Accounts payableLandPrepaid rentSalaries payableUnearned fees		- Select -
   Total current assets			$fill in the blank 11
   Property, plant, and equipment:
   Accounts receivableAccumulated depreciation - equipmentCommon stockLandSupplies		$- Select -
   Accounts receivableAccumulated depreciation - equipmentEquipmentPrepaid rentSupplies	$- Select -
   Accounts payableAccumulated depreciation - equipmentCommon stockEquipmentUnearned fees	- Select -
   Accounts receivableAccumulated depreciation - equipmentBook value - equipmentPrepaid rentSupplies		- Select -
   Total property, plant, and equipment			fill in the blank 20
   Total assets			$fill in the blank 21
   Liabilities
   Current liabilities:
   Accounts payableAccounts receivableCashCommon stockSupplies		$- Select -
   EquipmentPrepaid insurancePrepaid rentSalaries payableSalary expense		- Select -
   Accounts receivableCashLandSuppliesUnearned fees		- Select -
   Total liabilities			$fill in the blank 28
   Stockholders' Equity
   Accumulated depreciation - equipmentCommon stockEquipmentPrepaid insuranceUnearned fees		$- Select -
   CashPrepaid insuranceRetained earningsSalaries payableUnearned fees		- Select -
   Total stockholders' equity			fill in the blank 33
   Total liabilities and stockholders' equity			$fill in the blank 34