William Murray achieved one of his life-long dreams by opening his own business, The Caddie Shack Driving Range, on May 1,2017, Heinvested $ 19,550 of his own savings in the business. He paid $ 6,600 cash to have a small building constructed to house the operations and spent $ 755 on golf clubs, golf balls, and yardage signs Murray leased 4 acres of land at a cost of $ 1,200 per month. (He paid the first month's rent in cash During the first month, advertising costs totaled $755, of which $140 was unpaid at the end of the month Murray paid his three nephew s 365 fo retrieving golf balls. He deposited in the company's bank account all revenues from customers 4,69 .On May 15, Murray withdrew $ 755 in cash ror perso al se. O May 31. the company received a utility bill for $ 100 but did not i mediately pay it. On May 31, the balance in the company bank account was $ 13,950 ik account was Murray is feeling prettygood about results for the first month, but his estimate of profitability ranges from a loss of $5,600to a profit of$1,515 (a1) Prepare a balance sheet at May 31, 2017, (List Assets in order of liquidity Caddie Shack Driving Range Statement of Financial Position May 31, 2017 Liabilitles and Equity Buildings Notes Payable Retained Earnings Cash Equipment Contributed Capital Advertising Payable Utilities Payable Accounts Payable