Problem 4-5A Financial statements LO5 CHECK FIGURES: Profit =$91,940; Total assets =$343,000 Using the adjusted trial balance in 1 Problem4-4A, prepare the income statement and statement of changes in equity for the year ended December 31, 2023, and the classified balance sheet at December 31, 2023. Analysis Component: Why must liabilities be separated on the balance sheet between current and non-current? What effect would it have had on Lloyd's balance sheet if the long-term note were not separated? Problem 4-5A Financial statements LO5 CHECK FIGURES: Profit =$91,940; Total assets =$343,000 Using the adjusted trial balance in 1 Problem4-4A, prepare the income statement and statement of changes in equity for the year ended December 31, 2023, and the classified balance sheet at December 31, 2023. Analysis Component: Why must liabilities be separated on the balance sheet between current and non-current? What effect would it have had on Lloyd's balance sheet if the long-term note were not separated