Answer:
Assets:                                         Liabilities:
<u>Current Assets       </u>                    <u> Current Liabilities</u>
Cash                            11,840          Accounts payable          9,500
Accounts receivable 12,600          Notes payable(current) 13,600
Prepaid insurance <u>     3,200  </u>        Interest payable              3,600 
Total current assets:  27,640          Total Current Liab         26,700
<u>Fixed assets:</u>                               <u>Long-term Liabilities:</u>
Buildings (net)       60,200           Note Payable:                80,000 
Equipment (net)     63,680             Total Liabilities            106,700
Land                     <u>   61,200   </u>      Equity:
total fixed assets: 185,080              Common stock         60,000
                                                          RE                              46,020
                                                        Total Equity                106,020
Total Assets: 212,720                  Total Liab + E              212,720
Explanation:
for RE we need to calculate the net income
income:
Service revenue           14,700
Insurance expense         ( 780 )
Depreciation expense ( 5,300 )
Interest expense          ( 2,600 )
Net income:                    6,020
<u />
<u>RE </u> 40,000 + 6,020 = 46,020
for note payable we split the current and long term portion
93,600 - 13,600 = 80,000 long term debt
te rest is self-explanatory