30 2. Balance sheet presentation (20 points). Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company as of December 31, 2020. All accounts have normal balances. (Some accounts are income statement items) Equipment Interest Expense Retained Earnings Dividends 70,000 2,400 ? 50,400 DB Land 137,320 Accounts Receivable 102,000 Bonds Payable 78,000 Common Stock 70,000 Accumulated Depreciation - Equip. 10,000 Supplies 1,860 Income Taxes Payable 3,000 Advertising Expense 1,560 Salaries and Wages Expense 53,040 Salaries and Wages Payable 900 Cash 50,000 Depreciation Expense 8,000