Preparation of Balance Sheet Ari Company's December 31 post-closing trial balance contains the following normal balances: Cash $19,000 Accounts payable 20,000 Building 439,500 Long-term notes payable 785,000 Common stock 950,000 Retained earnings 75,000 Accumulated depreciation-Equipment 180,000 Land 877,000 Accounts receivable 22,500 Accumulated depreciation-Building 135,000 Wages payable 6,000 Patent (net of amortization) 120,000 Notes payable (short term) 131,000 Inventory 206,000 Equipment 600,000 Allowance for doubtful accounts 2,000 Required Prepare a December 31 classified balance sheet for Ari Company Do not use negative signs with any of your answers. ARI COMPANY Balance Sheet December 31 Assets December 31 Assets Current Assets: Total Current Assets Plant Assets: Land Building Total Plant Assets Intangible Assets: Total Assets Liabilities Current Liabilities: Wages Payable Notes Payable (short term) Total Current Liabilities Long Term Liabilities: Total Liabilities Stockholders' Equity: Total Stockholders' Equity Total Liabilities and Stockholders' Equity