Penny Cassidy has decided to start her business, Penny's Pool Service& Supply, Inc. (PPSS). There is much to do when starting a new business. Here are some transactions that have occurred in the business in March. a. Received $34,000 cash and a large delivery van with a value of $45,000 from Penny, who was given 4,900 shares of $.10 par value common stock in exchange. b. Purchased land with a small office and warehouse by paying $14,500 cash and signing a 10- year mortgage note payable to the local bank for $84,500. The land has a value of $22,500 and the building's value is $76,500. Use separate accounts for land and buildings c. Purchased a new computer from Dell for $3,400 cash and office furniture for $4,900, signing a short-term note payable in six months. d. Hired a receptionist for the office at a salary of $2,400 per month, starting in April. e. Paid $1,900 on the note payable to the bank at the end of March (ignore interest). f. Purchased short-term investments in the stock of other companies for $5,900 cash. g. Ordered $19,000 in inventory from Pool Corporation, Inc., a pool supply wholesaler, to be received in April. Required: From the trial balance, prepare a classified balance sheet at March 31 (before the beginning of operations in April)