Stylistic Automobiles of Orangeville Ltd was formed on January 1,2020, when Stylistic issued common shares for $440,000. Early in January 2020, Stylistic made the following cash payments (Click the icon to view the transactions.) Requirements Balance Shoot December 31, 2020 Assets Current assets Cash Accounts receivable: Inventory Total current assets Liabilities Current liabilities Accounts payable Salary payable Total current liabilities 5,000 Shareholders' equity Property, plant, and equipment Common shares 440,000 Equipment 180.000 Retained earnings Less Accum depr (36,000) 144,000 Total shareholders' equity Total assets Total liabilities and shareholders' equity