FINANCIAL STATEMENT PRESENTATION OF OPERATING ASSETS Olympic Acquisitions, Inc., prepared the following post-closing trial balance at December 31, 2009:

Debit Credit Cash $ 6,400 Accounts receivable 15,000 Supplies 26,000 Land 42,000 Buildings 155,000 Equipment 279,000 Debit Credit Truck 32,000 Franchise 49,600 Goodwill 313,500 Accounts payable $ 4,100 Accumulated depreciation, buildings 112,000 Accumulated depreciation, equipment 153,000 Accumulated depreciation, truck 16,300 Wages payable 7,000 Interest payable 7,300 Income taxes payable 12,000 Notes payable (due in 8 years) 190,000 Common stock 300,000 Retained earnings 116,800 Totals $918,500 $918,500 Required:

Prepare a classified balance sheet for Olympic Acquisitions at December 31, 2009.

Olympic reports the three categories of operating assets in separate subsections of assets.