Buildings $ 42,500 Accounts receivable 2,700 Land 23,400 Merchandise inventory 8,400 Accounts payable 5,700 Cash 9,400 Notes payable (due in 7 years) 44,000 Office supplies 2,400 Common stock 13,000 Retained earnings 17,000 Wages payable 3,700 5,400 Accumulated Depreciation-Buildings Prepare a classified balance sheet. Clear Water Company Balance Sheet Current assets Total current assets Plant assets Total plant assets Total assets Current liabilities December 31 Assets Liabilities