On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the company's records that showed the following items. Office rent expense Accounts payable $ 2,950 Accounts receivable 4,900 Cash 4,500 Computer equipment 5,100 Furniture 4,700 Breanne Allarie, capital, June 30, 2023* 19,000 5,400 4,100 3,900 2,440 590 7,100 1,830 970 Owner's investments during July 2023 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors' wages expense Utilities expense "Hint: The ending capital balance for one period is the beginning capital balance for the next period. Prepare a July 31 balance sheet for Academic Learning Services.