Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $716,545 Office expense 164,805 Miscellaneous expense 14,330 Wages expense 343,940 Accounts payable 17,915 Accounts receivable 50,160 Cash 224,425 Common stock 135,000 Land 229,000 8,600 Supplies Cash dividends of $27,200 were paid during the year. Retained earnings as of June 1, 20Y5, were $193,000. 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