Athens Inc. prepared the following post-closing trial balance at December 31, 2011:

Required:
Prepare a classified balance sheet for Athens at December 31, 2011.

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Debit Credit 3,325 27,975 8,350 21,150 305,520 126,310 9,970 42,400 134,800 Accounts Receivable Prepaid Insurance Land Buildings Equipment Patent Goodwill Natural resources Accounts Payable Accumulated Depreciation, Buildings Accumulated Depreciation, Equipment Unearned Revenue Interest Payable Income Taxes Payable Notes Payable (due in 10 yoars) Common Stock Retained Earnings Totals $ 7,775 101,950 47,875 9,825 3,625 17,150 170,000 125,000 196,600 $679,800 $679,800