Preparing a Classified Balance Sheet Prepare a classified balance sheet given the following account balances on December 31, 2020. Next, compute working capital on that same date. Cash $5,000 Accounts payable $155,000 Accounts receivable 150,000 Notes payable (long-term) 175,000 Inventory 6,250 Income taxes payable 5,500 Franchise 87,500 Retained earnings 114,500 Prepaid insurance 3,000 Interest payable 1,750 Common stock (no par, 10,000 sharesissued and outstanding) 125,000 Equipment, net 325,000 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 $ 0 0 . 0 0 Total current assets 0 0 . 0 $ 0 Total assets Liabilities and Stockholders' Equity Current liabilities $ 0 0 0 Total current liabilities 0 0 Total liabilities 0 0 + 0 0 Total stockholders' equity Total liabilities and stockholders' equity Warninnital $ 0