Michaels Company Below find the trial balance for Michaels for the year ended December 31, 2019. Using these accounts please prepare a classified balance Sheet at December 31, 2019

Account Name		Debit (Credit)
Accounts Payable		(140,000)
Accounts Receivable		170,000
Accumulated Depreciation=Equip		(180,000)
Accumulated Depreciation-Bldg		(370,000)
Allowance for uncollectible Accounts		(10,000)
Bond Sinking Fund		250,000
Bonds Payable		(1,000,000)
Building		1,050,000
Cash		150,000
Cash Surrender Value of Life Insurance		45,000
Common Stock, $1 par 400,000 shares authorized 100,000 shares issued		(100,000)
Copyrights		50,000
Equipment		450,000
Equity Investments short term		80,000
Franchise		165,000
Income Tax Payable		(40,000)
Inventory		180,000
Land		500,000
Land held for future use		379,000
Long Term Equity Investments		350,000
Long Term Notes Payable		(120,000)
Paid in Capital in addition to par		(900,000)
Patents		50,000
Preferred stock, no par 200,000 shares authorized 70,000 shares issued		(450,000)
Premium on Bonds Payable		(40,000)
Retained Earnings		(544,000)
Short-term Notes Payable		(80,000)
Treasury Common stock 10,000 shares at cost		110,000
Unearned Rent Revenue		(5,000)