Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2016, follow: Fees earned $792,985 Office expense 182,385 15,860 Miscellaneous expense Wages expense 380,635 Accounts payable 19,825 Accounts receivable 55,510 Cash 233,805 Common stock 135,000 Land 254,000 Supplies 9,515 Cash dividends of $30,100 were paid during the year. Retained earnings as of June 1, 2045, were $214,000. Prepare the balance sheet as of May 31, 20Y6. When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May 31, 2046 Assets Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity