The account balances of Paradise Travel Service for the year ended May $31,20$Y$6,$ follow:

Fees earned $$900,000$

Office expense $300,000$

Miscellaneous expense $15,000$

Wages expense $450,000$

Accounts payable $18,000$

Accounts receivable $38,000$

Cash $52,000$

Common Stock $100,000$

Land $450,000$

Supplies $3,000$

$$10,000$ of dividends were paid during the year. Retained earnings as of June $1,20$Y$5,$ were $$300,000$

Prepare a balance sheet as of May $31,20$Y$6.$ When entering assets, enter them in order of liquidity.

Paradise Travel Service

Balance Sheet

May $31,20$Y$6$

Assets

$$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

Total assets $fill in the blank $9$

Liabilities

$$-$ Select $-$

Stockholders' Equity

$$-$ Select $-$

$-$ Select $-$

Total stockholders' equity fill in the blank $16$

Total liabilities and stockholders' equity $fill in the blank $17$