On January 1,2011,Dr Requirement:
Prepare a Balance Sheet as of June 30,2011

On January 1,2011,Dr.Beth Hill started a new professional corporation,Beth Hill,P.C.,to practice medicine with an initial investment of $100,000.On June 30,2011,the accounting records showed the following amounts:
$$\begin{array} { l l } \text { Accounts Payable } & \$ 2,000 \\\text { Accounts Receivable } & \$ 6,200 \\\text { Cash } & \$ 48,100 \\\text { Contributed Capital } & \$ 100,000 \\\text { Office Equipment } & \$ 60,000 \\\text { Office Supplies } & \$ 3,500 \\\text { Retained Earnings } & \$ 5,800 \\\text { Notes Payable } & \$ 10,000\end{array}$$ Requirement:
Prepare a balance sheet as of June 30,2011.