Cone Corporation is in the process of preparing Its December 31, 2024, balance sheet. There are some questions as to the pro classification of the following items: a. $60,000 in cash restricted in a savings account to pay debt. The debt matures in 2028. b. Prepaid rent of $34,000, covering the period January 1, 2025, through December 31, 2026. c. Notes payable of $220,000. The notes are payable in annual Installments of $30,000 each, with the first Installment paya March 1, 2025. d. Accrued interest payable of $22,000 related to the notes payable is due June 30, 2025. e. Investment in equity securities of other corporations, $100,000. Cone intends to sell one-half of the securities in 2025. Required: Prepare the asset and liability sections of a classified balance sheet to show how each of the above items should be reported. Current assets: Long-term investments: Other assets: CONE CORPORATION Balance Sheet (Partial) At December 31, 2024 Assets Liabilities and Shareholders' Equity Current liabilities: