$\backslash$table$[[$r$,$Assets,,$],[2,|$Current assets:,,$],[3,$Cash,$$18,000\mathrm{.}00,],[4,$Accounts payable,$31,300\mathrm{.}00,],[5,$Supplies,$4,000\mathrm{.}00,],[6,$Prepaid insurance,$18,700\mathrm{.}00,],[7,$Land,$181,300\mathrm{.}00,],[8,$Total current assets,,$$253,300\mathrm{.}00],[9,$Property. plant, and equipment:,,$],[10,$Building,$$440,000\mathrm{.}00,],[11,$Equipment,$95,000\mathrm{.}00,],[12,$Total property, plant, and equipment,,$672,200\mathrm{.}00],[13,$Total assets,,$$925,500\mathrm{.}00],[14,$Liabilities,,$],[15,||$current liabilities:,,$],[16,$Accounts receivable,$$41,400\mathrm{.}00,],[17,$Accumulated depreciation$-$building,$153,000\mathrm{.}00,],[18,$Accumulated depreciation$-$equipment,$23,500\mathrm{.}00,],[19,$Net income,$117,000\mathrm{.}00,],[20,$Total liabilities,,$$334,900\mathrm{.}00],[21,$Owner's Equity,,$],[22,$Wages payable,$$7,000\mathrm{.}00,],[23,$Tanya Egan, capital,$583,600\mathrm{.}00,],[24,4$ Total,,$590,600\mathrm{.}00],[25,$Total liabilities and owner's equity,,$$925,500\mathrm{.}00]]$ Prepare a corrected balance sheet.

Balance Sheet Instructions

Labyrinth Consulting Services

Balance Sheet

$($Label$)\backslash$table$[[4,$Accounts receivable,,$31,300\mathrm{.}00,],[5,$Supplies,,$4,000\mathrm{.}00,],[6,$Prepaid insurance,,$18,700\mathrm{.}00,],[7,$Total current assets,,,$$72,000\mathrm{.}00],[8,$Property, plant, and equipment:,,,$],[9,$Land,,$$181,300\mathrm{.}00,],[10,$Building,$$440,000,00,,],[11,,95,000\mathrm{.}00,,],[12,$Accumulated depreciation$-$building,,$153,000\mathrm{.}00,],[13,$Equipment,$$23,500\mathrm{.}00,,],[14,,,,],[15,$Accumulated depreciation$-$equipment,,,$],[16,$Total property, plant, and equipment,,,$],[17,$Total assets,,,$],[18,$Liabilities,,,$],[19,$Current liabilities:,,,$],[20,$Accounts payable,,,$],[21,$Wages payable,,,$],[22,$Total liabilities,,,$],[23,$Owner's Equity,,,$],[24,$Tanya Egan, capital,,,$],[25,$Total liabilities and owner's equity,,,$]]$The following balance sheet was prepared by Labyrinth Consulting Services for its year ended August $31,20Y3.$

Labyrinth Consulting Services

Balance Sheet

For the Year Ended August $31,20Y3$