Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer questions 8 through 10 based on this balance sheet. Accounts Payable 5,000 Long-term Notes Receivable 10,000 Accounts Recelvable 15,000 Accrued Expenses 3,000 Cash 10,000 Short-term Notes Payable 7,000 Retained Earnings 2,000 Accumulated depreciation 2,000 8,000Prepaid Expenses 3,000 Capital Stock Supplies 7,000 9. What is the company's total equity? \$10,000 $ 8000 $2000 $ 25000