Adams Co. reports the following balance sheet accounts as of December 31.

Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable $ 6,000 D. Adams, Capital 55,000 Notes payable (due in 9 years) 7,000 Office supplies 14,000 Land 10,000 Accumulated depreciation- Building 3.000 Mortgages payable (due in 5 years) 4,000 Cash $60,000 30,000 2,000 22,000 5,000 Prepaid insurance Accounts receivable 12,000 16,000 Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.)