Can you please validate this answer as the the values looks wrong to me, the question is to split the liabilities and shareholders equity.

Please prepare an Income and Balance sheet using current and non current assets, current and non current liability

Let's differentiate the Liabilities and Shareholder's Equity in the table. Liabilities: 1. Accounts Payable: \\( \\$ 4,400 \\) 2. Salaries Payable: \\( \\$ 260 \\) 3. Unearned Revenue: \\( \\$ 4,530 \\) 4. Notes Payable (long-term): \\( \\$ 4,740 \\) Total Liabilities: \\( \\$ 13,930 \\) Shareholder's Equity: 1. Maggie Graph, Capital: \\$830 2. Maggie Graph, Drawing: \\( \\$ 17,430 \\) Total Shareholder's Equity: \\( \\$ 18,260 \\) Explanation: In the table, the Liabilities are the accounts with credit balances (the amounts on the right side) and are summed up to a total of \\( \\mathbf{\\$ 1 3 , 9 3 0} \\). The Shareholder's Equity is the difference between the total debits and total credits, and in this case, it is equal to \\( \\$ 18,260 \\). \\begin{tabular}{|l|l|l|} \\hline \\( \\begin{array}{l}\\text { Maggie's Music Shop } \\\\ \\text { Adjusted Trial Balance } \\\\ \\text { January 31, 2019 }\\end{array} \\) & \\multicolumn{2}{|l|}{} \\\\ \\hline Accounts & Debits & Credits \\\\ \\hline Cash & 14,320 & \\\\ \\hline Office Supplies & 1,900 & \\\\ \\hline Prepaid Rent & 1,030 & \\\\ \\hline Equipment & 52,070 & \\\\ \\hline Accumulated Depreciation--Equipment & & 5,620 \\\\ \\hline Accounts Payable & & 4,400 \\\\ \\hline Salaries Payable & & 260 \\\\ \\hline Unearned Revenue & & 4,530 \\\\ \\hline Notes Payable (long-term) & & 4,740 \\\\ \\hline Maggie Graph, Capital & 830 & \\\\ \\hline Maggie Graph, Drawing & & 17,430 \\\\ \\hline Service Revenue & 3,640 & \\\\ \\hline Salaries Expense & 1,460 & \\\\ \\hline Rent Expense & 160 & \\\\ \\hline Supplies Expense & 420 & \\\\ \\hline Depreciation Expense--Equipment & \\\\ \\hline Utilities Expense & 76,550 & 76,550 \\\\ \\hline Total & & \\\\ \\hline \\end{tabular}