Saved b- Prepare a year-end balance sheet for the 2014 accounting period. 3. CAROLINA COMPANY Balance Sheet As of December 31, 2014 Assets 24,500 45,000 (10,000) Cash Land Accounts receivable Total assets $ 59,500 ces Liabilities Accounts payable 10,000 Notes payable Total liabilities s 10,000 Stockholders Equity Common stock Retained earnings Notes receivable 35,000 24,500 (10,000) Total stockholders' equity Total liabilities and stockholders' equity 49,500 S 59,500 K Prex 6 of 6 e a