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. Cash Accounts receivable Supplies Equipment $ 11,300 10,300 7,300 6,300 Accounts payable 13,600 Common stock 15,300 Retained earnings, December 31, prior year 4,300 Retained earnings, December 31, current year 6,300 Dividends 14,300 Consulting revenue 35,600 Rental revenue 24,600 Salaries expense 21,300 Rent expense 13,300 Selling and administrative expenses 9,300 Required: Prepare the current year-end balance sheet for Armani Company. ARMANI COMPANY Assets Balance Sheet December 31 Liabilities Total liabilities Equity Total assets Total equity 0 Total liabilities and equity S 0