Classified Balance Sheet The George Company collected the following information for the preparation of its December 31, classified balance sheet: Property Plant and Accounts Receivable $22,000 Equipment $200,000 Cash 17,000 Inventory 57,000 Other Long-Term Other Current Assets 25,000 Assets 40,000 Common Accounts Payable 25,000 stock 92,000 Retained Long-Term Liabilities 60,000 Earnings ? Other Current Liabilities 19.000 Prepare a classified balance sheet for George Company. GEORGE COMPANY Balance Sheet December 31 Assets Liabilities & Stockholders' Equity Current Assets: Current Liabilities: $ $ Other Current Liabilities Inventory Total Current Liabilities Total Current Assets Long-term Liabilities Total Long-term Liabilities Noncurrent Assets Property, plant and Equipment Total Liabilities Total Long-term Assets Stockholders' Equity e 92,000 Common Accounts Payable 25,000 stock Retained Long-Term Liabilities 60,000 Earnings Other Current Liabilities 19,000 ? Prepare a classified balance sheet for George Company. GEORGE COMPANY Balance Sheet December 31 Assets Liabilities & Stockholders' Equity Current Assets: Current Liabilities: $ $ Other Current Liabilities Inventory Total Current Liabilities Total Current Assets Long-term Liabilities e Total Long-term Liabilities Noncurrent Assets Property, plant and Equipment Total Liabilities Total Long-term Assets Stockholders' Equity: Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ Total Assets $ Check