Required information [The following information applies to the questions displayed below.) As of December 31 of the current year, Armani Company's records show the following. Hint. The owner invested $2,800 cash during the year. Cash Accounts receivable Supplies Equipment Accounts payable Armani, Capital, December 31, prior year $ 11,800 10,800. 7,800 6,800 14,600 17,800 Armani, Capital, December 31, ecurrent year 22,600 Armani, Withdrawals 14,800 Consulting revenue 36,600 Rental revenue 25,600 Salaries expense 21,800 Rent expense 13,800 Selling and administrative expenses 9,000 Required: Prepare the current year-end balance sheet for Armani Company. 02 20 Required: Prepare the current year-end balance sheet for Armani Company. ARMANI COMPANY Total assets Assets Balance Sheet December 31 Liabilities Total liabilities Equity Total liabilities and equity