The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $120.400 and the retained earnings were $59,400 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24.700 in stock Accounts Amount Accounts Amount Accounts payable $1,880 Miscellaneous expense $1.040 Accounts receivable 10.230 Office expense 1.200 Cash 19,230 Supplies 1,670 Fees earned 66,640 Wages expense 22,470 Land 45,800 Dividends 16,280 Building 155 100 Required: Prepare a balance sheet for the current year ended March 31. Be sure to complete the statement heading Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries Labels Expenses For the Year Ended March 31 March 31 Amount Descriptions Common stock Decrease in retained earnings Dividends Increase in retained earnings Net income for the year Net income Net loss for the year Net loss Retained earnings Retained earnings, April 1 Retained earnings, March 31 Total expenses Total assets Total liabilities and stockholders' equity Prepare a balance sheet for the current year ended March 31. Be sure to complete the statement heading Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries Thompson's Computer Services Balance Sheet March 31 1 Assets N 3 4 5 7 Total assets 8 Liabilities 9 10 Stockholders Equity 11 Common stock 12 Retained eamings 13 Total liabilities and stockholders' equity