Prepared Classified Balance Sheet. Thank you!

Presented below are selected accounts of XYZ Company at December 31, 2021. Inventory (finished goods) $ 52,000 Cost of Goods Sold $2,100,000 Unearned Service Revenue 90,000 Notes Receivable 40,000 Equipment 253,000 Accounts Receivable 161,000 Inventory (work in process) 34,000 Inventory (raw materials) 207,000 Cash 37,000 Supplies Expense 60,000 Debt Investments (short-term) 31,000 Allowance for Doubtful Accounts 12,000 Customer Advances 36,000 Licenses 18,000 Restricted Cash for Plant Expansion 50,000 Additional Paid-in Capital 88,000 Treasury Stock 22,000 The following additional information is available. . 1.Inventories are valued at lower-of-cost-or-market using LIFO. 2.Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $50,600. 3.The short-term investments have a fair value of $29,000. (Assume they are trading securities.) 4.The notes receivable are due April 30, 2023, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrue interest due on December 31, 2021.) 5.The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $50,000 are pledged as collateral on a bank loan. 6.Licenses are recorded net of accumulated amortization of $14,000. 7.Treasury stock is recorded at cost. Instructions Prepare the current assets section of XYZ Company's December 31, 2021