MaxFit Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 20Y4, the end of the fiscal year, the balances of selected accounts from the ledger of MaxFit Weight Loss Co. are as follows:

Accounts Payable	$37,200
Accounts Receivable	118,550
Accumulated Depreciation	187,000
Cash	?
Equipment	477,200
Land	300,000
Prepaid Insurance	6,200
Prepaid Rent	21,900
Salaries Payable	9,300
Supplies	4,500
Unearned Fees	17,300
Vanessa Freeman, Capital	714,600

Prepare a classified balance sheet that includes the correct balance for Cash. Be sure to complete the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. You will not need to enter colons (:) or the word "Less" on the balance sheet; they will automatically insert where necessary. Enter all amounts as positive numbers. When entering assets, enter them in order of liquidity.

Labels and Amounts Descriptions

Labels
Current assets
Current liabilities
For the Year Ended November 30, 20Y4
November 30, 20Y4
Property, plant, and equipment
Amounts Descriptions
Total assets
Total current assets
Total liabilities
Total liabilities and owners equity
Total property, plant, and equipment

Balance Sheet

MaxFit Weight Loss Co.

Balance Sheet

1	Assets
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15	Liabilities
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21	Owners equity
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