3,840 Question 2 These items are taken from the financial statements of Sandhill Co. at December 31, 2022. Buildings $125,960 Accounts receivable 15,120 Prepaid insurance Cash 14,208 Equipment 98,830 Land 73,440 Insurance expense 936 Depreciation expense 6,360 Interest expense 3,120 Common stock 72,000 Retained earnings Canuary 1, 2022) 48,000 Accumulated depreciation--buildings 54,720 Accounts payable 11,400 Notes payable 112,320 Accumulated depreciation equipment 22,464 Interest payable 4,320 Service revenue 17,640 Prepare a classified balance sheet. Assume that $16,320 of the note payable will be paid in 2023. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment.)