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The balances of Adventure Travel Service’s accounting equationitems for the year ended April 30, 2019, are listed below. JeromeFoley, the owner, invested an additional $60,000 in the businessduring the year and withdrew cash of $40,000 for personal use.Jerome Foley, capital as of May 1, 2018, was $1,020,000. AccountsFees earned $2,180,000 Office expense 400,000 Miscellaneous expense25,000 Wages expense 1,300,000 Accounts payable 105,000 Accountsreceivable 485,000 Cash 197,000 Land 900,000 Supplies 18,000Prepare a balance sheet as of April 30, 2019. Refer to the lists ofAccounts, Labels, and Amount Descriptions provided for the exactwording of the answer choices for text entries. Be sure to completethe statement heading. When entering assets, enter them in order ofliquidity.