he following is a December $31,2018,$ post$-$closing trial balance for the Jackson Corporation.

Account Title Debits Credits

Cash $ $43,000$

Accounts receivable $37,000$

Inventories $78,000$

Prepaid rent for the next $8$ months $19,000$

Marketable securities $($short term$)13,000$

Machinery $160,000$

Accumulated depreciation$$machinery $ $14,000$

Patent $($net of amortization$)82,000$

Accounts payable $9,500$

Wages payable $5,500$

Taxes payable $35,000$

Bonds payable $($due in $10$ years$)170,000$

Common stock $130,000$

Retained earnings $68,000$

Totals $ $432,000$ $ $432,000$

Required:

Prepare a classified balance sheet for Jackson Corporation at December $31,2018.($Amounts to be deducted should be indicated by a minus sign.$)$