The bookkeeper of Juniper Landscaping prepared the company's balance sheet while the accountant was ill. The balance sheet, shown on the next page, contains numerous errors. In particular, the bookkeeper knew that the balance sheet should balance, so he plugged in the retained earnings amount needed to achieve this balance. The retained earnings is incorrect. All other amounts are correct, but some are out of place or should not be included on this statement. Prepare a corrected balance sheet.

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JUNIPER LANDSCAPING Balance Sheet Month Ended July 31, 2018 Liabilities Assets $ 5,300 Accounts Receivable 800 Dividends $ 1,800 Cash Office Supplies 14,000 Land 34,500 Service Revenue 38,000 3,200 Property Tax Expense 6,300 Accounts Payable Salaries Expense 3,300 Office Furniture 2,700 24,700 Retained Earnings 5,300 Notes Payable Stockholders' Equity Rent Expense 300 Common Stock 10,000 Total Assets $ 75,100 Total Liabilities $ 75,100