II. Typical balance sheet classifications are listed below. Classify each of the following accounts according to the preferred balance sheet presentation. a. Current assets f. Current liabilities b. Investments g. Long-term liabilities c. Property, plant and equipment h. Common stock d. Intangible assets i. Additional paid-in capital e. Other assets j. Retained earnings _________ 1. Prepaid expenses. _________ 2. Patent. _________ 3. Equipment. _________ 4. Salaries payable. _________ 5. Cash surrender value of life insurance