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 7,600 80,600 8,600 17,200 26,000 6,200 20,000 D. Adams, Capital Notes payable (due in 9 years) Office supplies Land Accumulated depreciation-Building Mortgages payable (due in 5 years) Cash $ 92,000 62,000 5,200 54,000 8,200 44,000 48,000 Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.) 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 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