Preparing a Classified Balance Sheet From the following accounts, listed in alphabetical order, prepare a classified balance sheet for Oakland Wholesalers as of December 31. All accounts have normal balances. Accounts Payable $50,000 Inventory $117,000 Accounts Receivable 40,000 Land 39,000 Building 67,000 Mortgage Payable (long term) 79,000 Cash 28,000 Office Supplies 1,000 Common Stock 120,000 Retained Earnings Salaries Payable 7,000 ? OAKLAND WHOLESALERS Balance Sheet December 31 Liabilities & Stockholders' Equity Current Liabilities: Assets Current Assets $ $ 0 0 0 0 Salaries payable Total Current Liabilities Inventory 0 0 0 Total Current Assets 0 Long-Term Liabilities: 0 Noncurrent Assets: Total Long-term Liabilities: 0 0 Building 0 Total Liabilities 0 Total Long-Term Assets 0 Stockholders' Equity 0 0 Total Stockholders' Equity 0 Total Liabilities and Stockholders' Equity 0 0 Total Assets $ $