From the following, prepare a classified balance sheet for Bach Crawlers as of December 31, 2017 Ending merchandise inventory was $6,300 for the year Cash Prepaid rent Prepaid insurance Office equipment (net) $ 8,300 2,750 6,388 7,300 Accounts payable Salarios payable Note payable (long term) P. Bach, capital $ 2,950 2,75e 18,300 14,95 What the owner supplies to the business Replaces common stock and retained earnings section BACH CRAWLERS Balance Sheet December 31, 2017 Liabilities Current liabilities Assets Current assets Total current assets S $ 0 0 Total current abilities Long-term liabilities S Plant and equipment Total liabilities Owner's Equity Total assets S Total liabilities and owner's equity S 0