Mustang Motors. has the following assets, liabilities, revenues and expenses for the current year. The accounts are listed below in alphabetical order. The company has a December 31^st year end.

Accounts receivable	$27,000		Office equipment	$59,500
Accounts payable	38,500		Office supplies	5,000
Building	45,000		Service revenue	102,000
Cash	60,000		Supplies expense	8,000
Commission expense	24,500		Utilities expense	18,500
Common stock	42,500		Wage expense	65,500
Interest payable	10,800		Deferred revenue	8,200
Land	40,000

Beginning retained earnings was $154,000 and dividends were $3,000 for the year. Prepare the balance sheet for the current year.