The balances of Ousel Travel Services accounting equation items for the year ended November 30, 2016, are listed below. Shane Ousel invested an additional $50,000 in the business in exchange for common stock during the year and cash dividends of $30,000 were paid. Retained earnings as of December 1, 2015, was $566,000.

Accounts
Fees earned	$1,475,000
Office expense	320,000
Miscellaneous expense	28,000
Wages expense	885,000
Accounts payable	62,500
Accounts receivable	186,000
Cash	308,000
Land	480,000
Supplies	16,500

Prepare a balance sheet as of November 30, 2016. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. (below)

These are the labeled that are give to put in the chart above.

Labels
For the Year Ended November 30, 2016
November 30, 2016
Amount Descriptions
Common stock
Net income
Retained earnings
Total assets
Total expenses
Total liabilities
Total liabilities and stockholders equity
Total revenue
Total stockholders equity