The bookkeeper of Perfect Landscaping prepared the$$ company's balance sheet while the accountant was ill. The balance sheet contains numerous errors. In$$ particular, the bookkeeper knew that the balance sheet should$$ balance, so he plugged in the retained earnings amount needed to achieve this balance. The retained earnings is incorrect. All other amounts are$$ correct, but some are out of place or should not be included in this statement. Prepare a corrected balance sheet. $($If a box is not used in the table leave the box$$ empty; do not select a label or enter a$$ zero.$)$ Perfect Landscaping

Balance Sheet

Month Ended December $31,2024$

Assets Liabilities

Cash $$5,300$ Accounts Receivable $$2,100$

Office Supplies $700$ Dividends $8,000$

Land $34,300$ Service Revenue $41,000$

Salaries Expense $3,200$ Property Tax Expense $2,700$

Office Furniture $6,500$ Accounts Payable $2,500$

Notes Payable $24,100$ Retained Earnings $3,075$

Rent Expense $275$ Stockholders' Equity

Common Stock $15,000$

Total Assets $$74,375$ Total Liabilities $$74,375$