Balance Sheet The account balances for Bennet Corporation at December 31, 2016, are given below: Cash and Cash Equivalents $305,000 Land 375,000 Equipment 120,000 Accumulated Depreciation - Equipment 40,000 Investment in Stock 50,000 Investment in Treasury Bills 5,000 Building 330,000 Accumulated Depreciation - Bldg. -30000 Notes Payable 170,000 Bonds Payable 200,000 Common stock ($10 par) 300,000 Preferred stock 50,000 Retained Earnings 298,930 Additional Paid in Capital Common 120,000 Accounts Receivable, net 104,000 Accrued Expenses 13,000 Inventories 173,430 Prepaid Expenses 20,000 Dividends payable 22,000 Selling expenses 51,000 Administrative expenses 27,000 Cost of Goods Sold 58,000 Interest expense 14,500 Sales 389,000 question#2) prepare a classified balance sheet