Clear Water Company reports the following balance sheet accounts as of December $31.$

Buildings $ $62,500$

Accounts receivable $3,500$

Land $33,000$

Merchandise inventory $10,000$

Accounts payable $6,500$

Cash $11,000$

Notes payable $($due in $7$ years$)60,000$

Office supplies $4,000$

Common stock $21,000$

Retained earnings $25,000$

Wages payable $4,500$

Accumulated Depreciation$$Buildings $7,000$

Prepare a classified balance sheet.