Kathy and James Mohr, local golf stars, opened the Novak Driving Range Company on March $1,2022.$ They invested $$24,000$ cash and received common stock in exchange for their investment. A caddy shack was constructed for cash at a cost of $$7,800,$ and $$780$ was spent on golf balls and golf clubs. The Mohrs leased five acres of land at a cost of $$1,200$ per month paid the first month's rent. During the first month, advertising costs totaled $$700,$ of which $$150$ was unpaid at March $31,$ and $$400$ was paid to members of the high$-$school golf team for retrieving golf balls. All revenues from customers were deposited in the company's bank account. On March $15,$ Kathy and James received a dividend of $$850.$ A $$100$ utility bill was received on March $31$ but was not paid. On March $31,$ the balance in the company's bank account was $$18,300.$

Kathy and James thought they had a pretty good first month of operations. But, their estimates of profitability ranged from a loss of $$5,700$ to net

income of $$2,630.$Prepare a balance sheet at March $31.($list property, plant, and equiment in order of Buildings then Equipment.$)$