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

Buildings

Accounts receivable

Land

Merchandise inventory

Accounts payable

Cash

Notes payable $($due in $7$ years$)$

Office supplies

Common stock

Retained earnings

Wages payable

$25,000$

$2,000$

$11,000$

$7,000$

$5,000$

$8,000$

$30,000$

$1,000$

$10,000$

$6,000$

$3,000$

Prepare a classified balance sheet.

Prepare a classified balance sheet.