The IT manager of Right Away Realty, Inc. prepared the statement of financial position of the company while the accountant was ill. The statement of financial position contains numerous errors. In particular, the IT manager knew that the statement of financial position should balance, so she plugged in the retained earnings amount to achieve this balance. The retained earnings amount, however, is not correct. All other amounts are accurate, but some are out of place.

Requirement
Prepare a new, corrected statement of financial position for Right Away Realty,

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Right Away Realty, Inc Balance Sheet Month Ended September 30, 2013 ASSETS LIABILITIES Cash Rent Expense Supplies Expense Salaries Payable Equipment S 300 700 2,200 7,000 $14,000 Accounts Payable 1,600 Utilities Expense 100 Accounts Receivable 1,950 Notes Payable 8,300 SHAREHOLDERS' EQUITY Common Shares Supplies Retained Earnings Total Shareholders Equity Total Liabilities & 12,000 600 3,150 15,750 Total Assets $25,90 Shareholders Equity $25,950