Chapters 2 and 9 Classification of B/S Nature Company has the following partial list of account balances at year-end December 31, 2020 $1,800 2,200 400 4,600 15,000 23,000 Accounts payable Salaries expenses Prepaid insurance (for next 6 months) Accounts receivable Cost of goods sold Cash Taxes payable Land Notes payable (doe in 6 months) Salaries payable Inventory Bonds payable Uneared revenue 10,000 25,000 1,000 900 4.300 100,000 700 Required: Show all your calculations. All answers are for December 31, 2020. (12 pt) A Determine the following items: 1. Current assets 2. Current liabilities 3. Working capital B. Assume that cash is used at December 31, 2020, to pay the entire balance of accounts payable. Determine the revised amounts from part (A) above for the following items 1. Current 2. Current liabilities 3. Working capital