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the red boxes are wrong answers The following information is available for Sandhill Co Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes

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The following information is available for Sandhill Co Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes payable Common stock Inventory $3,500 4.800 500 4,700 31.000 57.000 2,970 Cash Supplies Unearned service revenue Salaries and wages payable Depreciation expense Equipment (net) $6,300 3,880 910 800 670 110.700 Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing retained earnings amount after first determining total assets and total liabilities.) (List assets in order of liquidity) Liabilities and Stockholders' Equity Liabilities Accounts Payable 4800 Salaries and Wages Payable 14700 500 Interest Payable Unearned Service Revenue 910 31000 Notes Payable Total Liabilities 41910 Stockholders' Equity Common Stock 57000 28440 Retained Earnings Total Stockholders' Equity 85440 Total Liabilities and Stockholders' Equity $ 127350

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