On December 31, Powell Company had the following list of account balances. Accounts Payable $ 49900 Dividends S 21800 Accounts Receivable 39000 Equipment 62500 43400 Prepaid Rent 17100 Accumulated Depreciation, Buildings Accumulated Depreciation, Equipment 17900 Rent Expense 10400 Beginning Retained Earnings 65200 Salaries Expense 5100 Buildings 106000 Salaries Payable 7300 O Capital Stock 60500 Service Revenue 107900 O Cash 59 100 Supplies 19400 6200 Supplies Expense 1600 Depreciation Expense, Buildings Depreciation Expense, Equipment 3900 Required: Prepare a balance sheet on December 31. Hint: You will need to determine the net book value for equipment and buildings. You will also need to determine ending retained earnings. Powell Company Balance Sheet December 31 Assets Current Assets: (Choose one) Total Current Assets Property, Plant, and Equipment: (Choose one) Total Property, Plant, and Equipment Total Assets Liabilities Current Liabilities: (Choose one) Total Liabilities Stockholders' Equity (Choose one) Total Stockholders' Equity Total Liabilities and Stockholders' Equity