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 7,200 74,200 8,200 16,490 22,000 5,400 16,000 D. Adams, Capital Notes payable (due in 9 years) office supplies Land Accumulated depreciation-Building Mortgages payable (due in 5 years) Cash $ 84,900 54,689 4,400 46,000 7,400 36,880 40,000 Required: Prepare a classified balance sheet (Amounts to be deducted should be indicated by a minus sign.) ADAMSCO Balance Sheet December 31 Assets Current assets Cash Accounts receivable Prepaid rent Office supplies Merchandise inventory 40,000 16,000 8,200 4.400 16,400 $ 85,000 Total current assets Plant assets Buildings 74.200 EA