Classified Balance Sheet Listed below are year-end, 12/31/21, account balances (S 000's) taken from the records of XYZ Corporation XYZ Corporation Adjusted Trial Balance December 31, 2021 Debat Credit 700 Accounts Receivable Building Equipment Cat 450 1375 125 90 300 530 330 Invertory Land Notes receitable Investments Prepaid test (der the next yeats) Supplies Trademark Prepaid Tourance (for the next 3 year) Accounts payable Accumulated Gepreciation Equipment Accumulated epreciation Buildings Total stockholders equity Dividetida payable Income tax payable Allowance for Docbtrol Acocoats Notes payable Interest payable 620 nas 180 1110 150 SO 600 50 80 55 Dividends payable Income tax payable Allowance for Doubtful Accounts Notes payable Interest payable Deferred rereade DO 60 160 TOTALS 3,140 3,140 3.140 Additional information and requirements on subsequent page. Additional information ($000's): 1. Land includes land held a possible future plant site $175 and land for the current plant site $125. 2. The notes receivable are due in 2023. The balance of $530 includes $30 of accrued interest. The next interest payment is due in July 2022. 3. Included in the investments are treasury bills of $60 that were purchased in November 2021 and mature in January, 2022: trading securities of S120 which are expected to be sold within the next year. The balance represents securities expected to be held longer than one year. 4. As of 123121, Stockholders equity has common stock, $2.00 par value, authorized 300K shares, and issued 100K shares at an average price of $4.50. The remaining balance in stockholders equity is retained camings. 5. The note payable represents a 126 note, with interest paid annually February 28. The nore matures in installments of $150 beginning 2/28/22. 6. Deferred revenue will be recognized equally over the next 24 months 111 next year. The balance represents securities expected to be held longer than one year. 4. As of 123121 Stockholders equity has common stock, $2.00 par value, authorized 300K || shares, and issued 100K shares at an average price of $4.50. The remaining balance in stockholders equity is retained camnings, 5. The note payable represents a 126 note, with interest paid annually February 28. The note matures in installments of $150 O beginning 2/28/22 16. Deferred revenue will be recognized equally over the next 24 months Required: 1.) Prepare a classified balance sheet for XYZ Corporation at December 31, 2021. Complete the questions on the following page about the balance sheet. As of 12/31/21 Net accounts receivable bal Total current assets Total Long term investment section d. Total PP&E section Total intangibles section E. Total other assets section Total Assets Total Current Liabilities Total Long-term Liabilities Common Stock Pand in capital in excess of par (APIC) Retained earnings