Prepare a classified balance sheet for Tucson Company for the year ended December 31 using the following data. (Amounts to be deducted should be indicated by a minus sign.) Common stock Cash Salaries payable Retained earnings Accounts receivable Paid-in capital in excess of par value, common stock Notes payable (due in 5 years) Preferred stock Land Accounts payable Treasury stock Paid-in capital in excess of par value, preferred stock $ 1,000 20,000 5,000 7,000 3,000 17,000 10,000 8,000 25,000 4,000 6,000 2,000 TUCSON COMPANY Balance Sheet December 31 Assets Current assets Total current assets Plant assets Total assets Liabilities Current liabilities Total current liabilities Long-term liabilities Total liabilities Equity Total equity Total liabilities and equity