The following financial data are for the dental practice of Dr$.$ Jose Ortiz when he began operations in July.

Owes $$17,500$ to the Sanderson Equipment Company.

Has cash balance of $$12,000.$

Has dental supplies of $$2,900.$

Owes $$3,430$ to Galaxy Furniture Supply.

Has dental equipment of $$25,050.$

Has office furniture of $$6,500.$

Determine the amounts that would appear in Dr$.$ Ortiz$$s balance sheet.