On December $31,$ records show the following accounts.

Cash $ $26,300$

Accounts receivable $3,800$

Supplies $10,800$

Land $70,800$

Services revenue $84,000$

Accounts payable $30,800$

Wages expense $40,800$

Rent expense $8,300$

Supplies expense $4,300$

Total equity $80,900$

Use this information to prepare a December $31$ balance sheet.