Lamonte Company reports the following budgeted December 31 adjusted trial balance. The ending year balance of Retained earnings was $78,000 on December 31. Prepare Lamonte Company's budgeted balance sheet as of December 31 . \begin{tabular}{|c|c|c|c|} \hline \multicolumn{1}{|c|}{ LAMONTE COMPANY } \\ \hline \multicolumn{1}{|c|}{ Budgeted Balance Sheet } \\ \hline \multicolumn{1}{|c|}{ December 31} & & \\ \hline \multicolumn{1}{|c|}{ Assets } & & \\ \hline & & & \\ \hline & & & \\ \hline Total Assets & & \\ \hline & Liabilities & \\ \hline Total Liabilities and Equity & & \\ \hline \end{tabular}