Prepare a classified balance sheet given the following account balances on December 31, 2020. Next, compute working capital on that same date. Cash $2,000 Accounts payable $62,000 Accounts receivable 60,000 Notes payable (long-term) 70,000 Inventory 2,500 Income taxes payable 2,200 Franchise 35,000 Retained earnings 45,800 Prepaid insurance 1,200 Interest payable 700 Common stock (no par, 10,000 sharesissued and outstanding) 50,000 Equipment, net 130,000 Note: Other than cash, list items in each balance sheet category in the order of the largest dollar amount to the smallest dollar amount. Balance Sheet As of December 31, 2020 Assets Current assets Cash $ Accounts receivable Inventory Total current assets $ Total assets Liabilities and Stockholders' Equity Current liabilities $ Total current liabilities Total liabilities Total stockholders' equity Total liabilities and stockholders' equity Working capital $ $