Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate con As of December 31, 2019, Armani Company's financial records show the following items and amounts. Part 3 of 3 Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 10,300 9,300 6,300 5,300 11,600 14,300 3,300 5,300 13,300 33,600 22,600 20,300 12,300 8,300 points Problem 1-5A Preparing a balance sheet LO P2 Required: Prepare a year-end balance sheet for Armani Company. Answer is not complete. $ $ 11,600 Assets Cash Accounts receivable Supplies ARMANI COMPANY Balance Sheet December 31, 2019 Liabilities 10,300 Accounts payable 9,300 6,300 Total liabilities Equity Common stock Retained earnings Total equity 25,900 Total liabilities and equity 11,600 14,300 5,300 19,600 31,200 Total assets $ $