Classified Balance Sheet The Werthman Company collected the following information for the preparation of its December 31, 2016, classified balance sheet:

Classified Balance Sheet The Werthman Company collected the following information for the preparation of its December 31, 2016, classified balance sheet: Accounts Receivable $17,000 Property Plant and Equipment $200,000 Cash Other Current Assets 25,000 Other Long-Term Assets Accounts Payable Long-Term Liabilities 55,000 Retained Earnings Other Current Liabilities 19,000 7,000 Inventory 68,000 40,000 92,000 25,000 Common stock