The XYZ Company started its operations in $2022.$ On December $312022,$ it had the following adjusted trial balance:

Account

Balance $($$$)$

Notes Payable

$20,000$

Wages Payable

$8,000$

Additional Paid In Capital

$300,000$

Common Stock at par value

$60,000$

Accounts Payable

$60,000$

PP&E $($at cost$)$

$110,000$

Inventory

$62,000$

Cash

$419,000$

Unearned Revenues

$10,000$

Accumulated Depreciation

$10,000$

Accounts Receivable

$?$

Retained Earnings

$230,000$

During $2023$ the following transactions occurred:

A dividend of $$20,000$ was declared during $2023.$ These dividends will be paid in $2024.$

During the year the company performed and delivered services and billed its clients for $$900,000.$ Collections from customers were $$800,000.$

In addition to the transactions described in items $2$ above, products were shipped to the customers who paid $$10,000$ in advance $($see December $31,2022$ balances$).$ The selling price was $$80,000$ and the customer paid the balance in $2023.$

The company purchased $$350,000$ worth of inventory, on account. Payments on accounts payable were $$200,000.$

Miscellaneous expenses in the amount of $$24,000$ were paid in cash

Based on a physical count, inventory balance as of December $31,2023$ was $$71,000.$

The employees earned $$200,000$ as wages. Cash wage payments to employees were $$190,000.$

Additional PP&E worth $$30,000$ was purchased in cash. Depreciation for the year equals $$10,000.$

$10,000$ shares at par value of $$1$ were issued and sold for $$20$ per share.

The note worth of $$20,000$ was paid with an additional Interest expense of $$200.$

The company incurred $$24,000$ in rent expenses and paid $$22,000$ of it$.$

The company calculated its tax obligations for $2023.$ Tax in the amount of $$40,000$ is due for the entire year of which $$30,000$ was paid in $2023.$

Prepare the Balance Sheet as of December $31,2023$

If the answer is $$123,456$ please type $123456$

No commas, no $ signs, no $+/-$ sign

If an account carries a negative balance do not put a negative sign $(-)$ Do not write any account carrying negative balances in parenthesis. If the account balance is $-$$$1,000($negative $$1,000)$ just type $1000$

Round to nearest integer, if necessary.

Cash

Account Receivables

Inventories

PP&E

Accumulated Depreciation

TOTAL ASSETS

Unearned Revenues

Accounts Payable

Wages Payable

Rent Payable

Taxes Payable

Dividends Payable

TOTAL LIABILITIES

Common Stock at par

Additional Paid In Capital

Retained Earnings

TOTAL EQUITY

TOTAL LIABILITIES $+$ EQUITY