Homework - Week 5 (due 10/6) Help Save & Exit Submit Check my work 21 Selected accounts from Gregor Co.'s adjusted trial balance for the vear ended December 31 follow. Prepare a classified balance sheet. Note-On the company's balance sheet, accumulated depreciation is subtracted from Equipment, accumulated amortization is subtracted from Patents, and accumulated depletion is subtracted from Silver mine. 0.12 points Total equity Patents Cash Land Equipment Silver mine $70,000 8,000 8,880 50,000 40,000 35,000 Accounts payable Accumulated depreciation Equipment Notes payable (due in 9 years) Goodwill Accumulated depletion--Silver mine Accumulated amortization-Patents $ 4,000 31,000 31,000 7,000 7,000 5,000 GREGOR CO. Balance Sheet December 31 Assets References Current assets Plant assets Total plant assets Intangible assets