Please can you answer step by step with calculations ?

P1-64B (Learning Objectives 3, 4, 5: Using the accounting equation: preparing a balance sheet; making decisions) The manager of News Maker, Inc., prepared the company's balance sheet whlle the accountant was ill. The balance sheet contains numerous etrors In paricular the manager knew that the balance sbeet should balance, so he plugged in the shareholders' equity amount needed to achieve this balance. The shareholders' equity amount is not cor All other amounts are accurate. rect. 20X6 Assets Liabilities Noes receivabe 14,500 Interest expense..- --..-, 1,600 Ofice supplies Accounts roceivable...3,400 Noe payable55.,000 Tocal E 7,500, Accounts payablem4,000 1,700 400 Landm$2,000 4,500 900 Usities expense Advertising expenac 75,400 Salary expense Shareholders Equiry Shareholders' equity _a202