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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end

Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 680 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,720 in cash (for a total at the end of the year of 810 shares). These effects are included below:

Catenas Marketing Company
Adjusted Trial Balance
End of the Current Year
Debit Credit
Cash $ 1,590
Accounts receivable 2,360
Interest receivable 300
Prepaid insurance 1,600
Long-term notes receivable 2,930
Equipment 15,800
Accumulated depreciation $ 2,960
Accounts payable 2,290
Dividends payable 650
Accrued expenses payable 3,910
Income taxes payable 2,680
Unearned rent revenue 470
Common Stock (810 shares) 81
Additional paid-in capital 3,519
Retained earnings 3,090
Sales revenue 37,350
Interest revenue 130
Rent revenue 670
Wages expense 18,400
Depreciation expense 1,740
Utilities expense 390
Insurance expense 730
Rent expense 9,230
Income tax expense 2,730
Total $ 57,800 $ 57,800

Prepare a classified balance sheet for the end of the current year.

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