Consider the following account balances of Evan McGruder, Inc., as of December 31, Year 3: Accounts Payable Equipment 298,500 1,054,000 S00,000 9,750 Retained Earnings 136,750 Notes Payable, due Year 5 858,000 06,250 242,750 Common Stock Accounts Receivable Income Tax Payable Cash Required: Prepare a classified balance sheet at December 31, Year 3. EVAN MCGRUDER, INC. Balance Sheet Consider the following account balances of Evan McGruder, Inc., as of December 31, Year 3: Accounts Payable Equipment 298,500 1,054,000 S00,000 9,750 Retained Earnings 136,750 Notes Payable, due Year 5 858,000 06,250 242,750 Common Stock Accounts Receivable Income Tax Payable Cash Required: Prepare a classified balance sheet at December 31, Year 3. EVAN MCGRUDER, INC. Balance Sheet