2 The following transactions occurred for Lantana Company during its first month of operations and have been recorded in the 3. T-accounts below. 3. Received $0,000 cash from Lantana, the sole proprietor. b. Purchased land for $20,000, paid $5,000 in cash and signed a 2 -year note for the remainder. c. Bought $900 of supplies on account. d. Purchased $10,000 of equipment, paying cash. e. Paid $500 on account for supplies purchased in transaction (c). Using the T-account BALANCES and the information in the transactions, prepare a classified balance sheet for Lantana Company. Note: Use cell references to the T-account titles to complete columns B and G. Use cell references to the T-account balances and formulas to complete columns C and H. 2 The following transactions occurred for Lantana Company during its first month of operations and have been recorded in the 3. T-accounts below. 3. Received $0,000 cash from Lantana, the sole proprietor. b. Purchased land for $20,000, paid $5,000 in cash and signed a 2 -year note for the remainder. c. Bought $900 of supplies on account. d. Purchased $10,000 of equipment, paying cash. e. Paid $500 on account for supplies purchased in transaction (c). Using the T-account BALANCES and the information in the transactions, prepare a classified balance sheet for Lantana Company. Note: Use cell references to the T-account titles to complete columns B and G. Use cell references to the T-account balances and formulas to complete columns C and H