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The account balances and select financial statements of Whitaker Towing Service at June 30, 2024, follow: Equipment $14,950 Service Revenue $14,500 Office Supplies 1,400 Accounts

The account balances and select financial statements of Whitaker Towing Service at June 30, 2024, follow:

Equipment

$14,950

Service Revenue

$14,500

Office Supplies

1,400

Accounts Receivable

7,000

Notes Payable

5,000

Accounts Payable

2,000

Rent Expense

750

Retained Earnings, June 1, 2024

3,700

Cash

1,500

Salaries Expense

2,100

Dividends

2,500

Common Stock

5,000

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Requirement 1. Prepare the balance sheet for Whitaker Towing Service as of June 30, 2024. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) \begin{tabular}{|l|l|} \hline \multicolumn{1}{|l}{ Assets } \\ \hline & \\ \hline & \end{tabular}

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