The following data are available for Sunshine Products Inc., as of December 31, 2003. Cashed viamas cra pee $10,000 Accounts payable....... 14,000 CapitalyStOCk ae sen iaes ae: 35,200 Accounts receivable..... 20,000 Bulldinginemyett cen eee 28,000 SUpDIIESRrrs sens cutee ore 1,200 Retained earnings....... ? TRAN Clete chy stad eyat faces ca 10,000 Required: 1. Prepare a balance sheet for Sunshine Products Inc. 2. Determine the amount of retained earnings at December 31, 2003. 3. Interpretive Question: In what way is a balance sheet a depiction of the basic accounting equation?