Accounts Payable... $ 62,500
Accounts Receivable... 123,000
Buildings... 418,500
Owner's Equity, 1/1/06... 210,000
Cash... 179,750
Distributions to owners during 2006... 21,750
Supplies.. . 3,750
Land.. . 130,000
Mortgage payable... 479,000
Net Income for 2006... 124,000
Owners' Equity, 12/31/06..

Show me what you think and then I'll help you out. To get you started you need to categorize everything onto the balance sheet and see what the difference is. That will be your ending owners equity.