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McK Nursery, Incorporated, reports the following account balances on December 31, 2024 $14,000; inventory, $28,000; equipment (net), $76,500; operating leases, $6,500; account $6,500; interest payable,

image text in transcribed McK Nursery, Incorporated, reports the following account balances on December 31, 2024 $14,000; inventory, $28,000; equipment (net), $76,500; operating leases, $6,500; account $6,500; interest payable, $2,500; notes payable (due in 18 months), $33,000; common sto Required: Prepare a classified balance sheet for McK Nursery, Incorporated. McK Nursery, Incorporated, reports the following account balances on December 31, 2024 $14,000; inventory, $28,000; equipment (net), $76,500; operating leases, $6,500; account $6,500; interest payable, $2,500; notes payable (due in 18 months), $33,000; common sto Required: Prepare a classified balance sheet for McK Nursery, Incorporated

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