Problem 5-06A The trial balance of Windsor Wholesale Company contained the following accounts shown at December 31, the end of the company's fiscal year Credit Land $ 60,900 WINDSOR WHOLESALE COMPANY Trial Balance December 31, 2022 Debit Cash $ 30,300 Accounts Receivable 36,500 Inventory 68,700 92,900 Buildings 200,800 Accumulated Depreciation-Buildings Equipment 84,400 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends 10,900 Sales Revenue Sales Discounts 6,900 Cost of Goods Sold 710,800 Salaries and Wages Expense 52,200 Utilities Expense 12,200 Maintenance and Repairs Expense 9,800 Advertising Expense 6,100 Insurance Expense 5,700 $1,328,200 41,400 55,600 18,400 160,800 68,100 923,000 $1,328,200 Adjustment data: 1. 2. 3. Depreciation is $8,900 on buildings and $7,900 on equipment. (Both are operating expenses.) Interest of $5,400 is due and unpaid on notes payable at December 31. Income tax due and unpaid at December 31 is $24,900. Other data: $15,900 of the notes payable are payable next year. Prepare a classified balance sheet at December 31, 2022. (List current assets in order of liquidity and property, plant and equipment in order of land, buildings and e WINDSOR WHOLESALE COMPANY Balance Sheet December 31, 2022 Assets Current Assets Cash 30300 Accounts Receivable 36500 Inventory 68700 Total Current Assets 135500 Property, Plant and Equipment Land 92900 Buildings 200800 Less Accumulated Depreciation-Buildings 60900 139900 Equipment 84400 Less Accumulated Depreciation-Equipment 49300 35100 267900 Total Property, plant and Equipment 403400 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Income Taxes Payable Interest Payable Total Current Liabilities Total Long-term Liabilities Click if you would like to Show Work for this question: Open Show Work