! Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.) Lawson Consulting had the following accounts and amounts on December 31. Cashi Accounts receivable Equipment $ 10,000 Dividends $ 2,500 5,500 Services revenue 7,500 Rent expense 15,000 3,000 3,900 Wages expense 8,000 Accounts payable Common stock 17,600 QS 2-17 (Algo) Preparing a balance sheet LO P1 Use the above information to prepare a December 31 balance sheet for Lawson Consulting. Hint: The ending Retained Earnings account balance as of December 31 is $1,500. LAWSON CONSULTING Balance Sheet $ $ 0