Required information Exercise 3-16A Prepare financial statements from an adjusted trial balance (LO3-5) [The following information applies to the questions displayed below.) The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,500 135,000 4,500 22,500 250,000 ces Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $120,000 10,500 9,500 3,500 25,000 150,000 45,000 350,000 250,000 12,500 25,000 3,500 $713,500 $713,500 Required information 3. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign Part 3 of 3 FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Liabilities points Assets Current liabilities Current assets eBook Print References 0 0 Total current liabilities Total current assets Total liabilities Stockholders' Equity Long-term assets D 0 Total stockholders' equity 0 Total liabilities and stockholders' equity S Total long-term assets Total assets 0 $