List the errors you find in the following balance sheet. Prepare a corrected balance sheet. Labyrinth Services Co. Balance Sheet For the Year Ended August 31, 2019 Assets Current assets: Cash ..... Accounts payable...... Supplies .... Prepaid insurance Land................ Total current assets Property, plant, and equipment: Building......... Equipment.. Total property, plant, and equipment... Total assets ....... $ 18,500 31,300 6,500 16,600 225,000 $297,900 $400,000 97,000 635,400 $933,300 Liabilities Current liabilities: Accounts receivable....... Accumulated depreciation-building...... Accumulated depreciation-equipment $ 41,400 155,000 25,000 118,200 $339,600 Net income Total liabilities Owner's Equity Wages payable ....... Ruben Daniel, capital... Total owner's equity. Total liabilities and owner's equity...... $ 6,500 587,200 593,700 $933,300