Clear Water Company reports the following balance sheet accounts as of December 31. Prepare a classified balance sheet

Clear Water Company reports the following balance sheet accounts as of December 31. $ 62,500 33,000 10,000 11,000 60,000 21,000 25,000 Bui Idings Accounts receivable Land Merchandise inventory Accounts payable Cash Notes payable (due in Office supplies Common stock Retained earnings Wages payable 7 years ) 3,500 6,500 4,000 4,500 7,000 Accumulated DepreciationBuildings Prepare a classified balance sheet. Clear Water Company Balance Sheet December 31 Assets Current assets Total current assets Plant assets Total plant assets Total assets Liabilities Current liabilities Total current liabilities Long-term liabilities Total liabilities Equity Total liabilities and equity