Balance Sheet Below is the balance sheet for Labyrinth Services Co., which contains errors. Labyrinth Services Co. Balance Sheet For the Year Ended August 31, 20Y3 Assets Current assets: Cash $21,600 Accounts payable 31,600 9,800 Supplies Prepaid insurance 17,700 Land 235,300 Total current assets $316,000 $492,200 Property, plant, and equipment: Building Equipment Total property, plant, and equipment 111,300 818,800 Total assets $1,134,800 Liabilities Current liabilities: $49,100 Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment 202,700 32,900 Net income 180,300 Total liabilities $465,000 $3,500 Owner's Equity Wages payable Ruben Daniel, Capital Total owner's equity 666,300 669,800 Total liabilities and owner's equity $1,134,800 Required: Prepare a corrected balance sheet. Labyrinth Services Co. Balance Sheet August 31, 20Y3 Assets Current assets: Cash Accounts receivable Supplies Prepaid insurance Total current assets Property, plant, and equipment: Land Building Less accumulated depreciation-building Equipment Less accumulated depreciation-equipment $ Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Wages payable Total liabilities Owner's Equity Ruben Daniel, capital Total liabilities and owner's equity