Consider the following account balances of Evan McGruder, Incorporated, as of December 31, Year 3: Accounts Payable Equipment Common Stock Income Tax Payable $ 298,500 Retained Earnings 1,054,000 Notes Payable, due Year 5 500,000 Accounts Receivable 9,750 Cash Required: Prepare a classified balance sheet at December 31, Year 3. $ 136,750 858,000 506,250 242,750