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Prepare a classified balance sheet for Tucson Company for the year ended December 31 using the following data. Note: Amounts to be deducted should be

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Prepare a classified balance sheet for Tucson Company for the year ended December 31 using the following data. Note: Amounts to be deducted should be indicated by a minus sign. TUCSON COMPANY Balance Sheet December 31 Assets Current assets Total current assets Plant assets Total assets Liabilities Current liabilities \begin{tabular}{|l|l|l|} \hline & & \\ \hline Total current liabilities & & \\ \hline Long-term liabilities & & \\ \hline Total liabilities & Equity & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}

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