Prepare the classified balance sheet using the information provided! thank you so much! :)

The following transactions occurred for Lantana Company during its first month of operations and have been recorded in the T-accounts below. 3 Supplies 900 C 500 e 900 5 a. Received $50,000 cash from Lantana, the sole proprietor. 5 b. Purchased land for $20,000, paid $5,000 in cash and signed a 2-year note for the remainder c. Bought $900 of supplies on account. 3 d. Purchased $10,000 of equipment, paying cash. e. Paid $500 on account for supplies purchased in transaction (c) 0 1 Cash 2a. 50,000 5,000 3 10,000 d. 14 15 bal. 34,500 bal. 16 17 Land 18 b. 20,000 d. 19 20 bal. 20.000 bal. 21 2 Accounts Payable 2 500 24 35 400 bal. 26 Lantana, Capital 50,000 a 30 30 50.00 bal 31 Equipment 10,000 10.000 Note Payable 900 15,000 b. 153000 bal. 32 Required: 33 Using the T-account BALANCES and the information in the transactions, prepare a classified balance sheet for Lantana Company 34 Note: Use cell references to the T-account titles to complete columns B and G. Use cell references to the T-account balances and 35 formulas to complete columns Cand H. 36 37 LANATANA COMPANY 38 Balance Sheet 39 At December 31 40 Assets Liabilities and Equity 41 Current Assets Current Liabilities 42 43 44 Total Current Assets Total Current Liabilities 45 Long-term Assets Long term Liabilities 46 47 48 Total Long-term Assets Total Long-term Liabilities 49 Total Liabilities 50 Owners' Equity 51 52 53 Total Owners' Equity 54 Total Assets Total Liabilities and Equity 55 56 57