1.The following accounts and balances were taken from the financial statements of r@ktas Inc. Prepare a classified balance sheet as of December 31,2018. Bank credit $ 40.000 Cash $ 15,000 Short-term investments $ 80.000 Inventory $ 75,000 Accounts payable $ 5.000 Capital ? Property&Equipment $ 120,000 Prepaid insurance $ 12,000 Retained earnings $ 43,000 r@ktas Inc. Balance Sheet at December 31,2020