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Dart IV (21 points) he following items are taken from the financial statements of Tracy Company for 2019: Accounts payable Accounts receivable Accumulated depreciation -

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Dart IV (21 points) he following items are taken from the financial statements of Tracy Company for 2019: Accounts payable Accounts receivable Accumulated depreciation - equipment Advertising expense Cash Common stock Depreciation expense Dividends Equipment Investment in Apple stock Insurance Expense Notes payable (15,000 due in 2020) Patents Prepaid insurance Rent expense Retained earnings (January 1, 2019) Salaries and wages expense Salaries and wages payable Service revenue Supplies Supplies expense Unearned service revenues Utilities expense S9 (MM) 11.000 38.000 21,000 14.000 90.000 12,000 15,000 160,000 20,000 3.000 70,000 30,000 6,000 17.000 12,000 30.000 34,000 3.000 130,000 4,000 6,000 2,000 4.000 Required: Prepare a classified balance sheet in proper accounting form at December 31, 20 Use the statement form provided on the next page

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