Accounts Payable $117, 100 Equipment 422,100 Common Stock 202,500 Income Tax Payable 3,950 Retained Earnings 55,200 Notes Payable, due Year 5 343,700 Accounts Receivable 203,000 Cash 97,350 Required: Prepare a classified balance sheet at December 31, Year 3. EVAN MCGRUDER, INC. Balance Sheet