Adams Co. reports the following balance sheet accounts as of December 31. $ salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable Prepaid insurance Accounts receivable 6,800 D. Adams, Capital 55,888 Notes payable (due in 9 years) 7,000 Office supplies 14, eee Land 10,000 Accumulated depreciation-Building 3,800 Mortgages payable (due in 5 years) 4,888 Cash $ 60, eee 30, eee 2, eee 22, eee 5, eee 12, eee 16, eee Required: Prepare a classified balance sheet. (Amounts to be deducted should be Indicated by a minus sign.) ADAMS CO. Balance Sheet December 31 Assets Current assets Total current assets Plant assets Total plant assets Total assets Liabilities Current liabilities Total current liabilities Long-term liabilities Total long-term liabilities Total liabilities Equity Total liabilities and equity