The account balances of A-One Travel Service for the year ended August 31, 20Y6, follow:

Account Amount

Fees earned $966,930

Office expense 222,395

Miscellaneous expense 19,340

Wages expense 464,125

Accounts payable 24,175

Accounts receivable 67,690

Cash 256,250

Common stock 135,000

Land 309,000

Supplies 11,605

Cash dividends of $36,700 were paid during the year. Retained earnings as of September 1, 20Y5, were $261,000.

Prepare a balance sheet as of August 31, 20Y6. When entering assets, enter them in order of liquidity.