The balances of Sentinel Travel Services accounting equation items for the year ended August 31, 2016, are listed below. Barb Schroeder, the owner, invested an additional $36,000 in the business during the year and withdrew cash of $18,000 for personal use. Barb Schroeder, capital as of September 1, 2015, was $380,000.

Accounts
Fees earned	$750,000
Office expense	295,000
Miscellaneous expense	12,000
Wages expense	450,000
Accounts payable	44,600
Accounts receivable	75,500
Cash	45,400
Land	310,000
Supplies	4,700

Prepare a balance sheet as of August 31, 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.