Prepare Freenation! Corp's Classified Balance Sheet on December 31st. given the following December 31st balances of the company: (Hints: This list is not complete as to all company accounts, but there are no missing balance sheet accounts, both sides of a balance sheet must balance, and income summary and dividends are already closed into ending retained earnings.) Cash $10,000 Equipment $50,000 Rent Expense $12,000 Accumulated Depreciation - Equipment $10,000 Accounts Payable $6,000 Depreciation Expense - Equipment $5,000 Accounts Receivable $12,000 Long-Term Notes Payable $14,000 Common Stock Dec 31 $22,000 Retained Earnings, December 31 $20,000 Retained Earnings, Jan. 1 $10,000 Retained Earnings, Jan. 31 $30,000