ask me one question on that slide . The question should be specific, not general like ( I don't understand)

$ 68,500 2,000 1,200 38,000 22,000 131,700 11,800 $143,500 Balance Sheet Example DRESS RIGHT CLOTHING CORPORATION Balance Sheet At July 31, 2021 Assets Current assets: Cash Accounts receivable Supplies Inventory Prepaid rent Total current assets Property and equipment: Office equipment $12,000 Less: Accumulated depreciation 200 Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Salaries payable Deferred rent revenue Interest payable Notes payable Total current liabilities Long-term liabilities: Notes payable Shareholders' equity: Common stock (6,000 shares issued and outstanding) $60,000 Retained earnings 1,917* Total shareholders' equity Total liabilities and shareholders' equity * Beginning retained earnings + Net income - Dividends 50 2,917 - 1,000 = $1,917 $35,000 5,500 750 333 10,000 51,583 30,000 61,917 $143,500