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

• Cash: $1,500,000
• Accounts Receivable: $3,000,000
• Prepaid Insurance: $500,000
• Equipment: $11,000,000
• Accumulated Depreciation: $5,000,000
• Accounts Payable: $2,500,000
• Salaries Payable: $500,000
• Common Stock: $4,000,000
• Retained Earnings: $2,960,000

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