Prepare a classified Balance Sheet, dated 12- 31-18, for these 3 situations: Situation1 12-31-18 Assets: Accounts Rec. Equipment, Net of Accum. Depr. 12-31-18 Liabilities: 274,000 473,500 55,000 Long-Term Notes Payable 184,000 .. 12-31-18 Equity: Business is named Happy Productions and is owned solely by Harry Happy. (You will have to determine the equity amount) Situation 2 Business is named Aztec Partners and is owned by Judy Smith and Al Topp Assets and Liabilities are the same as situation 1. Equity Capital as of 1-1-18: Judy 189,000 Capital Contributed in 2018: Drawings ,2018: Judy Al 62,400 93,100 . . . . Share of Profits, every year: Judy.. 0 0.25 Situation 3 Business is a corporation named Aztec, Inc Assets and Liabilities are the same as situation Equity- Paid in Capital(Common Stock) as of 12-31-18 IS 384,000