BE 3-5 Balance sheet classification L03-2.0-3 The following is a December 31, 2021, post closing trial balance for Culver City Lighting. Ine. Prepare a classified balance sheet for the company. Account Title Debits Credits Cash $ 55,000 Accounts receivable 39,000 Inventory 45.000 Prepaid insurance 15.000 Equipment 100.000 Accumulated depreciation $ 34,000 Patent(net) 40.000 Accounts payable 12.000 Interest payable 2,000 Notes payable (due in 10 years) 100,000 Common stock 70.000 76.000 Totals $294.000 $294.000 Retained earning Page 142