E$4\mathrm{.}2($LO $1)($Classification of Balance Sheet Accounts$)$ Presented below are the captions of Faulk Companys balance sheet.Current assets.Long$-$term investments.Property, plant, and equipment.Intangible assets.Other assets.Current liabilities.Noncurrent liabilities.Capital stock.Additional paid$-$in capital.Retained earnings.InstructionsIndicate by letter where each of the following items would be classified.Preferred stock.Goodwill.Salaries and wages payable.Accounts payable.Buildings.Equity investments $($to be sold within one year$).$Current maturity of long$-$term debt.Premium on bonds payable.Allowance for doubtful accounts.Accounts receivable.Notes payable $($due next year$).$Supplies.Common stock.Land.Inventory.Prepaid insurance.Bonds payable.Income taxes payable.