Classified Balance Sheet The following balance sheet items, listed in alphabetical order, are available from the records of Ruth Corporation at December 31, $19,470 $6,610 21,730 1,500 22,710 40,350 Accounts payable Accounts receivable Accumulated depreciation - automobiles Accumulated depreciation - buildings Automobiles Bonds payable, due December 31, 2021 Buildings Capital stock, $10 par value Cash 113,550 167,000 Income taxes payable Interest payable Inventory Land Long-term investments Notes payable, due June 30, 2018 Office supplies Paid-in capital in excess of par value Patents Prepaid rent Retained earnings Salaries and wages payable 42,940 269,000 91,135 10,000 2,395 201,750 139,000 13,200 49,000 43,000 1,520 339,985 4,595 Required: 1. Prepare in good form a classified balance sheet as of December 31, 2017 Ruth Corporation Balance Sheet December 31, 2017 Assets Current assets: Cash Accounts payable Il Current assets: Cash Accounts payable Inventory Prepaid rent Office supplies Total current assets Property, plant, and equipment: $ Total property, plant, and equipment Intangible assets: Total assets Liabilities Current liabilities: Current liabilities: Quil. Total current liabilities Long-term debt: Total liabilities Stockholders' Equity