Question: Wolfpack Construction has the following account balances at the end of the year.

Accounts                                         Balances

Equipment                                        $21,000

Accounts payable                                2,000

Salaries expense                                28,000

Common stock                                   10,000

Land                                                13,000

Notes payable                                   15,000

Service revenue                                 34,000

Cash                                                 5,000

Retained earnings ?

Required: Use only the appropriate accounts to prepare a balance sheet.