Exercise 13-15 Preparing a classified balance sheet C2 C3 P1 P3 Prepare a classified balance sheet for Tucson Co. for the year ended December 31 using the following data. Common stock Cash.... Land. Retained earnings Accounts receivable Treasury stock.. $ 1.000 20,000 25,000 7,000 3,000 6,000 Notes payable due in 5 years)....... $10,000 Proferred stock 8,000 Salaries payable 5,000 Accounts payable 4.000 Paid-in capital in excess of par value, common stock. 17.000 Paid in capital in excess of par value, preferred stock 2,000