Whitegloves Janitorial Service was started 2 years ago by Jenna Olson. Because business has been exceptionally good, Jenna decided on July 1, 2017, to expand operations by acquiring an additional truck and hiring two more assistants. To finance the expansion, Jenna obtained on July 1, 2017, a $26,300, 10% bank loan, payable $9,500 on July 1, 2018, and the balance on July 1, 2019. The terms of the loan require the borrower to have $10,000 more current assets than current liabilities at December 31, 2017. If these terms are not met, the bank loan will be refinanced at 15% interest. At December 31, 2017, the accountant for Whitegloves Janitorial Service Inc. prepared the balance sheet shown below. Jenna presented the balance sheet to the banks loan officer on January 2, 2018, confident that the company had met the terms of the loan. The loan officer was not impressed. She said, We need financial statements audited by a CPA. A CPA was hired and immediately realized that the balance sheet had been prepared from a trial balance and not from an adjusted trial balance. The adjustment data at the balance sheet date consisted of the following.

1.		Unbilled janitorial services performed were $3,670.
2.		Janitorial supplies on hand were $2,570.
3.		Prepaid insurance was a 3-year policy dated January 1, 2017.
4.		December expenses incurred but unpaid at December 31, $420.
5.		Interest on the bank loan was not recorded.
6.		The amounts for property, plant, and equipment presented in the balance sheet were reported net of accumulated depreciation (cost less accumulated depreciation). These amounts were $3,600 for cleaning equipment and $6,300 for delivery trucks as of January 1, 2017. Depreciation for 2017 was $1,790 for cleaning equipment and $6,400 for delivery trucks.

WHITEGLOVES JANITORIAL SERVICE Balance Sheet December 31, 2017
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash		$5,400		Notes payable		$9,500
Accounts receivable		10,400		Accounts payable		2,330
Supplies		4,000		Total current liabilities		11,830
Prepaid insurance		4,800		Long-term liability
Total current assets		24,600		Notes payable		16,800
Property, plant, and equipment				Total liabilities		28,630
Equipment (net)		21,200		Owners equity
Delivery trucks (net)		30,600		Owners capital		47,770
Total property, plant, and equipment		51,800
Total assets		$76,400		Total liabilities and owners equity		$76,400

Prepare a correct balance sheet. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Equipment and Delivery Trucks.)