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Pfizer Inc. has the following balances as of December 31, 2023: Cash: $2,100,000 Accounts Receivable: $4,000,000 Prepaid Insurance: $800,000 Equipment: $15,000,000 Accumulated Depreciation: $8,000,000 Accounts

Pfizer Inc. has the following balances as of December 31, 2023:

  • Cash: $2,100,000
  • Accounts Receivable: $4,000,000
  • Prepaid Insurance: $800,000
  • Equipment: $15,000,000
  • Accumulated Depreciation: $8,000,000
  • Accounts Payable: $4,000,000
  • Salaries Payable: $800,000
  • Common Stock: $7,000,000
  • Retained Earnings: $5,760,000

Prepare a classified balance sheet for Pfizer Inc. as of December 31, 2023.

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