The account balances of Paradise Travel Service for the year ended May 31, 2018, are listed below. Fees earned $714,500 164,335 Office expense Miscellaneous expense 14,290 Wages expense 342,960 Accounts payable $17,865 Accounts receivable 50,020 Cash 223,985 Common stock 135,000 Land 229,000 Supplies 8,575 Cash dividends of $27.200 were paid during the year. Retained earnings as of June 1, 2017, were $193.000, Prepare the balance sheet as of May 31, 2018. When entering assets, enter them in order of liquidity Paradise Travel Service Balance Sheet May 31, 2018 Assets Chede My Work InQurzitive for May 31, 2018 Assets Cash 223,985 Accounts receivable 50,020 Supplies 8,575 Land 4 229,000 Total assets 511.580 Liabilities Accounts payable 17,865 Stockholders Equity Common stock v 135,000 Retained earnings 433,030 X Total stockholders equity Total liabilities and stockholdersi equity SI Feedback Check