Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $967,760 Office expense 222,585 Miscellaneous expense 19,355 Wages expense 464,525 Accounts payable 24,195 Accounts receivable 67,740 Cash 255,335 Common stock 135,000 Land 310,000 Supplies 11,615 Cash dividends of $36,800 were paid during the year. Retained earnings as of June 1, 20Y5, were $261,000. Prepare the balance sheet as of May 31, 2016. When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May 31, 20Y6 Assets Cash dividends of $36,800 were paid during the year. Retained earnings as of June 1, 2 Prepare the balance sheet as of May 31, 20Y6. When entering assets, enter them in ord Paradise Travel Service Balance Sheet May 31, 20Y6 Assets QOOO Total assets < Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity