Exercise 1-43 (Algorithmic) Classified Balance Sheet Jerrison Company operates a wholesale hardware business. The following balance sheet accounts and balances are available for Jerrison at December 31, 2019 Accounts payable $ 65,100 Equipment, data processing $309,000 Accounts receivable 95,500 Income taxes payable 170,000 Accumulated depreciation Interest payable 12,600 (on building) 216,800 Inventory 187,900 Accumulated depreciation. Investments (long-term) 32,700 (on data processing equipment) 172,400 Investments (short-term) 18,000 Accumulated depreciation 31,200 Land 41,000 (on trucks); Notes payable (due June 1, 2020) 27,600 Bonds payable (due Aug. 30, 2023) 200,000 Prepaid insurance (for 4 months) 5,700 Building (warehouse) 419,900 Retained earnings, 12/31/2019 ? Cash 10,400) Salaries payable 14,400 Common stock 150,000 Trucks 106,100 Required: 1. Prepare a classified balance sheet for Jerrison at December 31, 2019.