Lawson Consulting had the following accounts and amounts on December $31.$ put in balance sheet

Cash $ $5,000$ Dividends $ $1,500$

Accounts receivable $4,500$ Services revenue $12,000$

Equipment $6,500$ Rent expense $2,000$

Accounts payable $3,000$ Wages expense $6,000$

Common stock $10,500$

Use the above information to prepare a December $31$ balance sheet for Lawson Consulting. Hint: The ending Retained Earnings account balance as of December $31$ is $$2,500.$