The balances of Up-in-the-Air Travel Service's accounting equation items for the year ended April 30, 20Y7, are listed below. Jerome Foley, the owner, invested an additional $56,000 in the business during the year and withdrew cash of $29,000 for personal use. Jerome Foley, capital as of May 1, 20Y6, was $679,000. Fees earned Office expense Miscellaneous expense Wages expense Accounts payable Accounts receivable Cash Land Supplies $1,429,000 302,000 27,000 875,000 65,000 183,000 312,000 483,500 17,500

The balances of Up-in-the-Air Travel Service's accounting equation ilems for the year ended Aonil 30, 20Y7, are listed below. Jerome Foley, the cwner, invested an addsional 556,000 in the business during the year and withdrew cash of $29,000 for personal use. Jarome Foley, capital as of Moy 1, 20Y6, was $670,000