1. Below is the trial balance for Winnie Company as of December 31, 2022, the end of their first year of operations.

	Debit		Credit
Cash	$42,000
Inventory	94,000
Supplies	10,000
Prepaid advertising	8,000
Land	160,000
Buildings	185,000
Accumulated depreciation - buildings			35,000
Equipment	58,000
Accumulated depreciation - equipment			14,000
Accounts payable			28,000
Interest payable			5,000
Notes payable (due in 6 months)			58,000
Bonds payable			153,000
Common stock			225,000
Dividends declared	33,000
Revenue			408,000
Cost of goods sold	185,000
Salary expense	83,000
Utilities expense	24,000
Advertising expense	9,000
Depreciation expense - Building and equipment	18,000
Interest expense	17,000
	$926,000		$926,000

Required:

Prepare a classified balance sheet in good form.