1. Classified balance sheet

Presented below is the adjusted trial balance of Kelly Corporation at December 31, 2020.

	Debit	Credit
Cash	$ 6,850
Supplies	1,200
Prepaid Insurance	1,000
Equipment	48,000
Accumulated Depreciation-Equipment		$ 4,000
Trademarks	950
Accounts Payable		10,000
Salaries and Wages Payable		500
Unearned Service Revenue		2,000
Bonds Payable		9,000
Common Stock		10,000
Retained Earnings		25,000
Service Revenue		10,000
Salaries and Wages Expense	9,000
Insurance Expense	1,400
Rent Expense	1,200
Interest Expense	900
Total	$ 70,500	$ 70,500

Additional information:

1. The bonds are due in 2027.
2. There are 100,000 shares of $1 par value common stock authorized and 10,000 shares issued and outstanding.

Instructions: Prepare a classified balance sheet.

PLEASE USE EXACT FORMAT AS ABOVE FOR THUMBS UP! SHOW ALL WORK.