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	$9,280
Accounts Receivable	22,360
Accumulated Depreciation - Equipment	27,930
Common Stock	180,000
Cash	?
Equipment	80,740
Land	108,000
Prepaid Insurance	5,200
Prepaid Rent	3,250
Retained Earnings	6,160
Salaries Payable	3,620
Supplies	560
Unearned Fees	2,690

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

Assets
Current assets:
Cash		$
Accounts receivable
Supplies
Prepaid insurance
Prepaid rent
Total current assets			$
Property, plant, and equipment:
Land		$
Equipment	$
Accumulated depreciation - equipment
Book value - equipment
Total property, plant, and equipment
Total assets			$
Liabilities
Current liabilities:
Accounts payable		$
Salaries payable
Unearned fees
Total liabilities			$
Stockholders' Equity
Common stock		$
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity			$