Listed In random order are the items to be Included In the balance sheet of Rocky Mountaln Lodge at December 31, year 1 Equipment Land Accounts payable Accounts receivable Salaries payable Interest payable 47,84 Buildings $68e,80e 162,880 37,688 78,448 18,48e 518,8 Capital stock 65,760 Cash 12,728 Furnishings 48,200 mobiles 14,408 Notes payable Retained earnings Required a-1. Compute the amount to be shown for retained earnings. a-2. Prepare a balance sheet at December 31, year 1 b. Assume that no payment is due on the notes payable until year 3. Does this balance sheet Indicate that the company is In a strong financial position as of December 31, year 1? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Prepare a balance sheet at December 31, year 1 ROCKY MOUNTAIN LODGE Balance Sheet December 31, Year 1 Assets Liabilities & Owners' Equity Lisbilities: Total liabilities Owners' equity: Total Total Req A1 Req B Listed In random order are the items to be Included In the balance sheet of Rocky Mountaln Lodge at December 31, year 1 Equipment Land Accounts payable Accounts receivable Salaries payable Interest payable 47,84 Buildings $68e,80e 162,988 37,688 78,448 18,480 744,0ee 518,00 Capital stock 65,76 Cash 12,728 Furnishings 48,200 mobiles 14,48 Notes payable Retained earnings Required a-1. Compute the amount to be shown for retalned earnings. a-2. Prepare a balance sheet at December 31, year 1 b. Assume that no payment is due on the notes payable untl year 3. Does this balance sheet Indicate that the company IS In a strong financial position as of December 31, year 1? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Assume that no payment is due on the notes payable until year 3. Does this balance sheet indicate that the company is in a strong financial position as of December 31, year 1? OYes ONo