Please answer according to the directions!

1. On June 30, 2011. Casey Industries had the following balances in selected accounts. Using this information, prepare a classified balance sheet in proper form. Left side of the balance sheet should contain all assets while the right side should contain the liabilities and owner's equity. Specify items that are current and long term. Box the total for both sides. Debit Credit 12,000 65,000 125,000 215,500 9,500 1,500 Accounts payable Accounts receivable Accumulated depreciation - Buildings Accumulated depreciation - Equipment Accumulated depreciation - Furniture Allowance for doubtful accounts Building Cash Common Stock Equipment Furniture Goodwill Inventory Short-term Investments 275,000 $29,100 200,000 375,800 21,500 25,000 205,000 123,500 55,000 45,000 Land Land (held for future office building) Note payable, due 12/31/2011 Note payable, due 12/31/2013 Prepaid Insurance Prepaid Rent Retained earnings Unearned revenue 125,000 250,000 12,000 6,600 275,000 25,000 $1,238,500 $1,238,500