Timely Watches had the following account balances at the end of the year. Accounts payable $27,000 Prepaid Expenses 10,500 Accounts receivable 39,500 Office supplies 5,000 Building 145,500 Service revenue 108,000 Cash 50,000 Supplies expense 8,100 Commission expense 24,400 Utilities expense 18,500 Land 65,000 Contract payable 7,000 Common stock 42,500 Wage expense 65,500 Interest revenue 8,000 Interest expense 5,000 Interest payable 11,800 Deferred revenue 16,700 Beginning retained earnings was $158,000 and dividends were $5,000 for the year. Prepare only the balance sheet for the current year