Classified Balance Sheet Jerrison Company operates a wholesale hardware business. The following balance sheet accounts and balances are available for Jerrison at December 31. Accounts payable $65,100 Equipment, data processing $309,000 Accounts receivable 95,500 Income taxes payable 21,600 Accumulated depreciation Interest payable 12,600 (on building) 216,800 Inventory 187,900 Accumulated depreciation. Investments (long-term) 32,700 (on data processing equipment) 172,400 Investments (short-term) 21,000 Accumulated depreciation Land 41,000 (on trucks) 31,200 Notes payable (due in 6 months) 150,000 Bonds payable (due in 4 years) 200,000 Prepaid insurance (for 4 months). 5,700 Building (warehouse) 419,900 Retained earnings, Dec. 31 I Cash 11,400 Salaries payable 14,400 Common stock 150,000 Trucks 106,100 Required: 1. Prepare a classified balance sheet for Jerrison at December 31. Jerrison Company