Beautiful Arrangements has just completed operations for the year ended December 31,2016. This is the third year of operations forthe company. elg dala have been assembled for the business: Click the icon to view the assembled data) (Click the loon to view the income statement.) (Click on the icon to view the statement of owner's equity.) Prepare the balance sheet of Beautiful Arrangements as of Deoember 31, 2016. (If a box is not used in the table leave the box empty do not select a label or enter a zero.) Assets Liabilities Owner's Equity Choose from any list or enter any number in the input fields and then click Check Answer. Clear All All parts showi Check Answer ng Data Table $ 39,000 $5,000 Salaries Expense Insurance Expense Service Revenue 88,000 Accounts Payable 5,400 ,100 Office Supplies Utilities Expense 1,700 Rent Expense 13,000 Abby, Withdrawals 11,000 11,500 Accounts Receivable Abby, Capital, Jan. 1, 2016 5,000 Cash 6,800 Equipment 22,300 PrintDone Reference Beautiful Arrangements Income Statement Year Ended December 31, 2016 Revenues $ 88,000 Service Revenue Expenses: 39,000 Salaries Expense 13,000 Rent Expense Insurance Expense 5,000 1,100 Utilities Expense 58,100 Total Expenses $ 29,900 Net Income Print Done Beautiful Arrangements Statement of Owner's Equity Year Ended December 31, 2016 Abby, Capital, January 1, 2016 $11,500 Owner contribution 0 29,900 Net income for the year $41,400 (11,000) Owner withdrawals $30,400 Abby, Capital, December 31, 2016 Print rint Done