Lockheed Martin Corporation has the following balances as of December 31, 2023:

• Cash: $800,000
• Accounts Receivable: $1,500,000
• Prepaid Insurance: $200,000
• Equipment: $6,500,000
• Accumulated Depreciation: $2,500,000
• Accounts Payable: $1,000,000
• Salaries Payable: $200,000
• Common Stock: $2,000,000
• Retained Earnings: $1,560,000

Prepare a classified balance sheet for Lockheed Martin Corporation as of December 31, 2023.