Montalvo Bionics showed the following alphabetized unadjusted trial balance at April 30, 2023:

Account Balance

Accounts payable $ 5,240

Accounts receivable 18,100

Accumulated depreciation, furniture 10,270

Accumulated depreciation, machinery 20,280

Allowance for doubtful accounts 1,090

Cash 10,900

Expenses 90,100

Furniture 23,500

Josh Montalvo, capital 40,430

Josh Montalvo, withdrawals 84,700

Machinery 52,400

Note payable 15,400

Patent 27,300

Prepaid rent 18,660

Revenues 227,000

Unearned revenue 5,950

Other information:

All accounts have normal balances.

The furniture was depreciated using the straight-line method and had a useful life of five years and residual value of zero.

The machinery was depreciated using the double-declining-balance method and had a useful life of 10 years and residual value of $28,900.

The patent was purchased on November 2, 2022, and is expected to be used for 15 years, after which it will have no value.

The balance in Prepaid Rent represents rent from June 1, 2022, to May 31, 2023.

$7,300 of the note payable will be paid by April 30, 2024.

Required:

Prepare a classified balance sheet at April 30, 2023. (Do not round intermediate calculations. Be sure to list the assets and liabilities in order of their liquidity.)