Laser Delivery Services, Inc. (LDS), was incorporated January 1. The following transactions occurred during the year: a. Received $34,000 cash from the company's founders in exchange for common stock. b. Purchased land for $12,500, signing a two-year note (ignore interest). c. Bought two used delivery trucks at the start of the year at a cost of $10,000 each; paid $2,000 cash and signed a note due in three years for $18,000 (ignore interest). d. Paid $1,500 cash to a truchyrepair shop for a new motor, which increased the cost of one of the trucks. e. Stockholder Jonah Lee paid $290,000 cash for a house for his personal use. 4. Prepare a classified balance sheet for LDS at December 31. Include Retained Earnings on the balance sheet even thought account has a zero balance. LASER DELIVERY SERVICES, INC. Balance Sheet At December 31 1 4. Prepare a classified balance sheet for LDS at December 31. Include Retained Earnings on the balance sheet ever account has a zero balance. LASER DELIVERY SERVICES, INC. Balance Sheet At December 31 . wwwwwwwwwwwwww wwwwwwwww TTTTTTTTTT TE TE TE