Presented below is a list of accounts from the general ledger of Last Chance Bookstore. Please prepare a classified balance sheet for December 31 of the current year. Accounts Receivable Investments (to be held for 2 years) Furniture $140,000 250,000 300,000 Building Land Inventories Notes Receivable (due in 9 months) Accounts Payable Patents $300,000 Notes Payable (due in 2 years) 985,000 Bonds Payable 245,000 Common Stock (200,000 shares authorized, 100,000 shares outstanding 600.000 Retained Earnings 125,000 Supplies 80,000 Accumulated Depreciation 120,000 Cash on Hand 78.000 Petty Cash 75,000 Cash Reserved for Building Expansion 8,500 65,000 ? 1,600 75,000 14,500 375 20,000 Treasury Bills due in 2 months Marketable Securities (to be sold in 6 months) Wages Payable Notes Payable (due in 6 months) Allowance for Uncollectible Accounts Prepaid Insurance (expires in 6 months) 8,000 20,000 10,000 18,000