Werner Realty Company began the month with the following balance sheet.

Cash	$135,000	Liabilities	$405,000
Noncash assets	1,012,500	Contributed capital	202,500
		Earned capital	540,000
Total assets	$1,147,500	Total liabilities and equity	$1,147,500

Following are summary transactions that occurred during the current month.

1. The company purchased $27,000 of supplies on credit.
2. The company received $36,000 cash from a new customer for services to be performed next month.
3. The company paid $27,000 cash to cover office rent for two months (the current month and the next).
4. The company billed clients for $112,500 of work performed.
5. The company paid employees $27,000 cash for work performed.
6. The company collected $112,500 cash from accounts receivable in transaction 4.
7. The company recorded $18,000 depreciation on its equipment.
8. At month-end, $9,000 of supplies purchased in transaction 1 are still available; no supplies were available when the month began.