3. Prepare a classified balance sheet as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2018 Assets Liabilities Equipment Accumulated depreciation Accounts receivable Supplies Prepaid rent $220,000 117,000 132,000 21,000 4,200 Total current assets 260,200 Total current liabilities Stockholders' Equity Cash 10,200 Common stock Retained earnings Total stockholders' equity Total assets $270,400 Total liabilities and stockholders' equity$ The following information applies to the questions displayed below. The December 31, 2018, adjusted trial balance for Blue Hens Corporation is presented below. Debit $ 10,200 132,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Credit 4,200 21,000 220,000 $117,000 10,200 9,200 3,200 22,000 120,000 42,000 320,000 220,000 11,000 22,000 3,200 Totals $643,600 $643,600 2. Prepare a statement of stockholders' equity for the year ended December 31, 2018, assuming no common stock was issued during 2018. FIGHTIN' BLUE HENS CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2018 Common Stock Total Stockholders Equity Earnings Balance at January1 Less: Dividends Balance at December 31