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

• Cash: $250,000
• Accounts Receivable: $250,000
• Prepaid Insurance: $35,000
• Equipment: $2,000,000
• Accumulated Depreciation: $450,000
• Accounts Payable: $150,000
• Salaries Payable: $60,000
• Common Stock: $600,000
• Retained Earnings: $350,000

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