On September 1, 2016, Fast Track, Inc. was started with $30,000 invested by the owners as contributed capital. On September 30, 2016, the accounting records contained the following amounts: 
Required:
Prepare a balance sheet for Fast Track, Inc. as of September 30, 2016.
Definitions:
Banks Create Money
The process by which commercial banks lend more than the reserves they hold, effectively creating new money through the issuance of loans.
Large Denomination
Currency units or financial instruments that represent a large value, making them efficient for high-value transactions but also potentially attractive for illicit activities.
Economic Conditions
The state of the economy at a given time, including factors such as employment rates, inflation rates, and gross domestic product.
Speculative Motive
The intention to hold cash or assets in anticipation of making profits from expected changes in their prices or exchange rates in the future.
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