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 $11,100 10,100 Supplies 7,100 Equipment 6,100 Accounts payable 13,200 Common stock 15,100 Retained earnings, Dec. 31, 2018 4,100 Retained earnings, Dec. 31, 2019 6,100 Dividends 14,100 Consulting revenue 35,200 Rental revenue 24,200 Salaries expense 21,100 Rent expense 13,100 Selling and administrative expenses 9,100 5. Problem 1-5A Preparing a balance sheet LO P2 Required: Prepare a year-end balance sheet for Armani Company. Assets Total assets $ ARMANI COMPANY Balance Sheet December 31, 2019 Total liabilities Liabilities 0 Equity Total equity 0 Total liabilities and equity 0 0