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 Common stock $ 7,900 Retained earnings 85,402 Notes payable (due in 9 years) 8,90 Office supplies 17,800 Land 29,880 Accumulated depreciation-Building 6,828 Mortgages payable (due in 5 years) 23,eee Cash 29,888 $ 69,800 68 , 5,80e 60, eee 8,800 5 , 54,000 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