Saved Help ! Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $11,700 10,700 7,700 6,700 14,400 15,700 4,700 6,700 14,700 36,400 25,400 21,700 13,700 9,700 Required: Prepare a year-end balance sheet for Armani Company. APAM COMPANY 2 of 2 Required: Prepare a year-end balance sheet for Armani Company. ARMANI COMPANY 5 Balance Sheet December 31, 2019 00:20:33 Assets Liabilities Cash $ 11,700 Accounts payable 7,700 $ 14,400 Supplies Equipment 6,700 Total liabilities 14,400 Equity Common stock Retained earnings Total equity 26,100 Total liabilities and equity 0 Total assets $ $ 14,400 aw S