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 $ Accounts Debit Cash $ 11,900 Accounts Receivable 149,000 Prepaid Rent 5,900 Supplies 29,500 Equipment 390,000 Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Retained Earnings Service Revenue Salaries Expense 390,000 Rent Expense 19,500 Depreciation Expense 39,000 Interest Expense 4,900 Totals $1,039, 700 134,000 11,900 10,900 4,900 39,000 290,000 59,000 490,000 Common mmon Stock $1,039,700 Exercise 3-16A Part 3 3. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Liabilities Current liabilities: Assets Current assets: Total current assets Total current liabilities Total liabilities Stockholders' Equity Long-term assets Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' equity