Preparing a Classified Balance Sheet The following financial data for the St. John Corporation was collected as of December 31, 2013. All accounts have normal balances. Accounts Receivable $194,400 Furniture & Equipment $198,000 Accounts Payable 38,800 Cash 96,800 Prepaid Insurance 4,600 Accumulated Depreciation 81,600 Common Stock 404,000 Inventory 184,000 Retained Earnings ? Required Prepare a classified balance sheet as of December 31, 2013. Note: Do not use negative signs with your answers. ST. JOHN CORPORATION Balance Sheet December 31,2013 Current Assets: Inventory Assets Total Current Assets Long-term Assets: Less: Accumulated Depreciation Total Assets Total Long-term Assets Current Liabilities: Liabilities & Stockholders' Equity Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ Cash Accounts Receivable Inventory Prepaid Insurance Furniture & Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings