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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2016, follow: Fees earned $913,695 Office expense Miscellaneous expense 210,150 18,275 438,575 Wages expense Accounts payable 22,840 Accounts recevable 63,960 Cash 249,910 Common stock 135,000 Land 292,000 Supplies 10,965 Cash dividends of $34,700 were paid during the year. Retained earnings as of June 1, 2045, were $247,000. Prepare the balance sheet as of May 31, 2076. When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May 31, 2016 Assets All work saved Supplies 10,965 Cash dividends of $34,700 were paid during the year. Retained earnings as of June 1, 2045, were $247,000. 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, 2016 Assets Total assets Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Previous Cubmitt All work saved