Preparing a Classified Balance Sheet The following financial data for Crane Distributors was collected as of December 31. Cash $15,200 Delivery equipment $80,000 Accounts receivable 110,200 Accumulated depreciation 35,000 Inventory 114,000 Accounts payable 70,000 Prepaid insurance 2,400 Common stock 100,000 Supplies 6,400 Retained earnings ? Prepare a classified balance sheet as of December 31 for Crane Distributors. TIP: Enter all amounts as positive numbers. Refer to Exhibit 4-2 for help with order of presentation. Crane Distributors Balance Sheet December 31 Assets Current Assets 114,000 Prepaid insurance Total Current Assets Noncurrent Assets Total Noncurrent Assets Total Assets Liabilities & Stockholders' Equity Cur