Part 1: Classified Balance Sheet The adjusted trial balance of Jordan Contracting and other related information for the year 2018 is presented below. Adjusted Trial Balance December 31, 2018 Debits Credits Cash Accounts Receivable $22,550 89,925 Allowance for Doubtful Accounts $4,785 Prepaid Insurance 3,245 Inventory 169,675 Long-term Investments 186,450 Land 46,750 Construction Work in Progress 68,200 Patents 19,800 Equipment 220,000 Accumulated Depreciation of Equipment 77,000 Unamortized Discount on Bonds Payable 11,000 Accounts Payable 81,400 Accrued Expenses 27,060 Notes Payable 51,700 Bonds Payable 220,000 Capital Stock 275,000 Premium on Capital Stock Retained Earnings 24,750 75,900 $837,595 $837,595