1. These items are taken from the financial statements of AssetsField Ltd at December 31, 2018. Buildings $95,800 Accounts receivable 15,600 Prepaid insurance 4,680 Cash 18,840 Equipment 79,400 Land 61,200 Insurance expense 780 Depreciation expense 7,300 Interest expense 2,600 Common stock 57,000 Retained earnings (January 1, 2018) 40,000 Accumulated depreciation-buildings 45,600 Accounts payable 15,500 Mortgage payable 88,600 Accumulated depreciation equipment 18,720 Interest payable 3,600 Service revenue 17,180 Required Prepare a classified balance sheet. Assume that $13,600 of the mortgage payable will be paid in 2019 2. Given the information of Transatlantic Venture Corporation as stated below: a. Accrued interest on notes receivable is $30. b. $1,000 of unearned service revenue has been recognized. C. Three years' rent, totaling $45,000, was paid in advance at the beginning of the year. d. Services totaling $2,900 had been performed but not yet billed at the end of the year. e. Depreciation on equipment totaled $6,500 for the year, f. Supplies purchased totaled $850. By year end, only $250 of supplies remained. g. Salaries owed to employees at the end of the year total $960