General Motors Company has the following balances as of December 31, 2023:

• Cash: $150,000
• Accounts Receivable: $200,000
• Prepaid Insurance: $30,000
• Equipment: $1,000,000
• Accumulated Depreciation: $400,000
• Accounts Payable: $120,000
• Salaries Payable: $50,000
• Common Stock: $500,000
• Retained Earnings: $310,000

Prepare a classified balance sheet for General Motors Company as of December 31, 2023.