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Required information Use the following Information for problem 3 to 5 LO P2 As of December 31, 2019. Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies Equipment Accounts payable A. Armani, Capital, Dec. 31, 2018 A. Armani, Capital, Dec. 31, 2019 A. Armani, Withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,480 18,488 7,400 6,480 13,800 17,480 21,800 14,480 35,800 24,800 21,480 13,480 9,480 Problem 1-5A Preparing a balance sheet LO P2 Required: Prepare a year-end balance sheet for Armani Company. ARMANI COMPANY Balance Sheet December 31, 2019 Liabilities Assets A. Armani, Capital Total liabilities 0 Equity Total assets $ 1 Total liabilities and equity $ 0