Fred's Cookies Ltd was born on 1 April 2019. Fred Ng, the president, employed a part-time bookkeeper (with only a few months training in accounting), who listed the following assets, liabilities, and equity as at 31 March 2020 (after one year of operations): Accounts payable $37,100 Buildings 143,200 Cash 31,000 Furniture 12,000 Baking supplies 5,600 Loan payable (due 1 July 2022) 20,700 Accounts receivable 20,000 Land 500,000 Mortgage payable* 340,000 Dividends payable 36,000 Share Capital 100,000 *Of the $340,000, $20,000 will be paid within the next 12 months. Required: a) Prepare a balance sheet, in good form, using the format used in tutorial last week, making sure to provide subtotals. (Hint: retained earnings will be a plug or balancing figure.) Ignore depreciation