Below is an alphabetical list of the adjusted accounts of Cullumber Tour Company at its year end, December 31, 2021. All accounts have normal balances.

Accounts payable		$7,310		Interest receivable		$100
Accounts receivable		3,510		Interest revenue		1,100
Accumulated depreciationequipment		15,000		Notes payable		40,000
Cash		4,500		Notes receivable		18,450
Depreciation expense		10,000		Patents		15,070
Equipment		50,000		Prepaid insurance		2,900
F. Cullumber, capital		17,370		Service revenue		65,050
F. Cullumber, drawings		33,000		Short-term investments		2,700
Insurance expense		1,500		Supplies		3,100
Interest expense		2,840		Supplies expense		2,400
Interest payable		740		Unearned revenue		3,500

Additional information:

1.		In 2022, $3,000 of the notes payable becomes due.
2.		The note receivable is due in 2023.
3.		On July 18, 2021, Fred Cullumber invested $3,200 cash in the business.

a) Prepare closing journal entries and calculate the post-closing balance in F. Cullumber, Capital on December 31, 2021.

b) Prepare a classified balance sheet. (List Current Assets in order of liquidity.)