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Create a balance sheetCash $ 2 0 , 0 0 0 Construction equipment $ 1 6 2 , 5 0 0 Accumulated depreciation - construction

Create a balance sheetCash $20,000Construction equipment $162,500Accumulated depreciation- construction equipment ($21,085.71) Vehicles $550,000Accumulated depreciation- vehicles ($109,166.67) Right of use asset $510,800Accumulated Amortization- Right of use asset ($14,188.89) Long-term investments and intangibles $115,000Accumulated amortization- intangibles ($24,000) Bank loan $350,000Lease liability $510,800 Interest payable $7,525 Retained earnings $429,000 Rent expense $14,188.89 Interest expense $7,525 Depreciation expense $33,452.38 Impairment expense $50,000Loss on disposal of equipment $2,300

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