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

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

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Debit Credit Cash Accounts Receivable Supplies $ 5,400 16,200 25,800 42,350 155,900 278,650 31,100 49,600 313,500 94,600 Buildings Equipment Franchise Goodwill Natural resources Accounts Payable Accumulated Depreciation, Buildings Accumulated Depreciation, Equipment Accumulated Depreciation, Truck Wages Payable Interest Payable Income Taxes Payable Notes Payable (due in 8 years) Common Stock Retained Earnings Totals $4,250 112,000 153,000 16,300 6,850 7,125 12,125 185,550 304,500 211,400 $1,013,100 $1,013,100