Is this correct?

The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $15,000 157,000 7,000 28,000 340,000 Accounts Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable (due in two years) Common stock Retained earnings Dividends Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense Utilities expense Totals $126,000 13,000 3,200 1,900 30,000 190,000 48,600 21,000 500,000 183,000 79,000 12,000 32,000 2,700 36,000 $912,700 $912,700 Prepare a classified balance sheet for China Tea Company as of December 31, 2021. (Amounts to be deducted should be indica with a minus sign.) CHINA TEA COMPANY Balance Sheet As of December 31, 2021 Assets Liabilities and Stockholders' Equity Current assets: Current liabilities: Cash $ $ 15,000 157,000 28,000 Accounts payable Salaries payable Accounts receivable 13,000 3,200 Supplies Total current liabilities $ 16,200 Total liabilities 16,200 Total current assets $ 200,000 Stockholders' Equity: Common stock 190,000 340,000 48,600 Long-term assets: Equipment Less: Accumulated depreciation Total long-term assets Total assets 126,000 30,000 Retained earnings Notes payable 466,000 Total stockholders' equity $ 666,000 Total liabilities and stockholders' equity 268,600 $ 284,800