Account Analyses:

Baker Associates provided the following balance sheet for its current year ended December 31 . The following account analyses were made during the company's recent year-end audit. (Click the icon to view the balance sheet.) (Click the icon to view the account analyses.) Prepare a corrected classified balance sheet. (Use the report format. If an input field is not used in the statement leave the input field empty; do not select a label or enter a zero.) Baker Associates Balance Sheet At December 31 \begin{tabular}{lrr} \hline Assets & \multicolumn{2}{c}{ Amount } \\ Cash & $ & 257,000 \\ Receivables & 1,255,000 \\ Prepaid Assets and Supplies & 722,000 \\ Property, Plant, and Equipment-net & $2,072,000 \\ \cline { 3 - 4 } & & 4,306,000 \\ \hline \hline \end{tabular} Liabilities Payables and Accrued Expenses Income Taxes Payable Stockholders' Equity Contributed Capital Total Liabilities and Stockholders' Equity \begin{tabular}{rr} $ & 1,824,000 \\ 126,250 \\ \hline$ & 1,950,250 \\ \hline$ & 4,306,000 \\ \hline \hline \end{tabular} Receivables Accounts Receivable Indefinite-life Intangible Assets Receivables Prepaid Assets and Supplies Merchandise Inventory Prepaid Rent Prepaid Assets and Supplies \begin{tabular}{rr} $ & 643,000 \\ 79,000 \\ \hline$722,000 \\ \hline \hline \end{tabular} Payables and Accrued Expenses Accounts Payable \begin{tabular}{rr} $ & 518,000 \\ 521,000 \\ \hline$1,039,000 \\ \hline \hline \end{tabular} Contributed Capital Common Stock, $1 par value Contributed Capital \begin{tabular}{rr} $816,000 \\ 1,008,000 \\ \hline$1,824,000 \\ \hline \hline \end{tabular} Current Assets: Current Liabilities: Noncurrent Assets: Noncurrent Liabilities: Total Assets Total Current Assets Total Current Liabilities Total Liabilities Total Liabilities and Stockholders' Equity Total Noncurrent Assets Total Noncurrent Liabilities Total Stockholders' Equity