Below is a current balance sheet for company A. Under the balance sheet, is a list of journal entries based off a series of business decisions made by the company. Prepare a new balance sheet for the company following the business decisions made from the provided journal entries.

Current Balance Sheet Assets Liabilities $ Cash Accounts Receivables 25,000 6,000 Accounts Payable Long-term Loan 6,000 20,000 Owner's Equity Capital Stock 5,000 Total Assets: $ 31,000 Total Liabilities & Owner's Equity: $ 31,000 Dates Description Post Ref. Debit ($) Credit ($) Intangible Asset $6,000 Cash/Bank $6,000 (To record payment to contractor for building website) Cash/Bank $50,000 Interest $2,000 Creditor B $2,000 (To record booking of initial loan and interest for 1 year) Interest $2,000 Creditor B $2,000 (To record interest for 2nd year) Interest $2,000 Creditor B $2,000 (To record interest for 3rd year) Interest $2,000 Creditor B $2,000 (To record interest for 4th year) Creditor B $58,000 Cash/Bank $58,000 (To record repayment of loan with interest) Cash/Bank $40,000 Equity $1,250 Goodwill $38,750 (To record sale of 25% of business)