On June 30,William Tellman,Wendy Carlos,and David Wu Started a Partnership $\$ 200,000$

On June 30,William Tellman,Wendy Carlos,and David Wu started a partnership.Their investments were as follows:
W. Tellman: Land valued at $\$ 200,000$
W. Carlos: $\quad$ Cash of $180,000
D. Wu: $\quad$ Inventory valued at $\$ 240,000$ , Accounts payable of $\$ 50,000$ Please use the format below to prepare a balance sheet at June 30.
$$\begin{array} { | l | l | l | l | l | } \hline \text { Assets } & & & \text { Liabilities } & \\\hline & & & & \\\hline & & & & \\\hline & & & \text { Owners' Equity } & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline\end{array}$$