Use the following information for the Quick Studies below. (Algo) (The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable Supplies Equipment Accounts Payable Hawkin, Capital, December 1 Hawkin, withdrawals Services Revenue Wages Expense Rent Expense Utilities Expense $ 7,700 800 4,900 14,500 7,30 17,822 1,702 17,308 8,000 2,800 2,000 QS 1-17 (Algo) Preparing a balance sheet LO P2 Use the above information to prepare a December balance sheet for Hawkin. HAWKIN Balance Sheet December 31 Liabilities Assets Equity Total Assets $ 0 Total Liabilities and Equity $ 0