Using the following accounts and their amounts, prepare in good format a balance sheet for Bright Futures Company for the month ended August $31.$

Telephone expense $ $1,150$

Cash $3,000$

Accounts payable $1,540$

Dividends $800$

Fees earned $15,700$

Rent expense $1,400$

Supplies $140$

Accounts receivable $1,500$

Computer equipment $17,600$

Common stock $10,000$

Retained earnings $($August $1)4,320$

Wages expense $4,800$

Utilities expense $750$

Office expense $420$