Below is the account information for UMPI Corporation. Prepare a classified balance sheet in report form for the company as of December 31, 2018. Prepare a balance sheet as of December 31, 2020.

Equipment 60,000

Interest Payable 250

Retained Earnings ?

Dividends Payable 50,000

Land 140,000

Accounts Receivable 102,000

Bonds Payable (long-term) 78,000

Notes Payable (due in 6 months) 29,000

Common Stock 70,000

Accumulated Depreciation - Equip. 10,000

Prepaid Advertising 5,000

Buildings 80,000

Supplies 1,000

Income Taxes Payable 3,000

Salaries and Wages Payable 900

A/D - Building 15,000

Cash 95,000