Problem 2 The December 31, 2021, post-closing trial balance for Liberty Corporation is presented below: Debits Credits Cash 22,500 Investments (long-term) 55,000 Accounts receivable 30,000 Allowance for uncollectible accounts 7,500 Prepaid insurance 4,500 Inventory 100,000 Land 45,000 Buildings 140,000 Accumulated depreciationbuildings 50,000 Equipment 132,500 Accumulated depreciationequipment 30,000 Patents (net) 5,000 Accounts payable 37,500 Notes payable, due 2022 65,000 Interest payable 10,000 Bonds payable, due 2031 120,000 Common stock (no par), 20,000 shares authorized, issued, and outstanding 150,000 Retained earnings 64,500 Totals 534,500 534,500 Required: Prepare a classified balance sheet for Liberty Corporation at December 31, 2021. Make sure you have proper headings, columns, subtotals and totals