Wolfpack Construction has the following account balances at the end of the year.

Accounts	Balances
Equipment	$	17,500
Accounts payable		1,300
Salaries expense		24,500
Common stock		12,000
Land		9,500
Notes payable		11,500
Service revenue		30,500
Cash		4,300
Retained earnings		?

Required:

Use only the appropriate accounts to prepare a balance sheet.