sneet of Save-A-Lot Supplies is provided as follows. SAVE-A-LOT SUPPLIES BALANCE SHEET DECEMBER 31, CURRENT YEAR Cash.. Accounts receivable . Office supplies.. Prepaid rent . Equipment Accumulated depreciation: equipment Assets Liabilities $ 28,800 (11,520) Total assets Accounts payable Income taxes payable.. Total liabilities.. Capital stock.. Retained earnings .. Total stockholders' equity Stockholders' Equity Total liabilities and stockholders' equity . $16,320 17,280 720 4,080 $17,280 $55,680 $ 5,280 4,320 $ 9,600 $24,000 22,080 $46,080 $55,680 II