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Jaguar Plastics Company has been operating for three years. At December 31 of last year, the accounting records reflected the following:

Cash$28,000Accounts payable$14,000Investments (short-term)3,500Accrued liabilities payable3,100Accounts receivable3,900Notes payable (current)5,600Inventory24,000Notes payable (noncurrent)47,000Notes receivable (long-term)1,700Long-term lease liabilities60,000Equipment53,000Common stock10,200Factory building93,000Additional paid-in capital91,800Operating lease right-of-use assets145,000Retained earnings123,900Intangible assets3,500

During the current year, the company had the following summarized activities:

1. Purchased short-term investments for $7,500 cash.
2. Lent $6,500 to a supplier, who signed a two-year note.
3. Leased equipment that cost $22,000; paid $4,100 cash and signed a five-year right-of-use lease for the balance.
4. Hired a new president at the end of the year. The contract was for $83,000 per year plus options to purchase company stock at a set price based on company performance. The new president begins her position on January 1 of next year.
5. Issued an additional 2,700 shares of $0.50 par value common stock for $17,000 cash.
6. Borrowed $12,000 cash from a local bank, payable in three months.
7. Purchased a patent (an intangible asset) for $1,100 cash.
8. Built an addition to the factory for $21,000; paid $7,200 in cash and signed a three-year note for the balance.
9. Returned defective equipment to the manufacturer, receiving a cash refund of $1,500.

Required:

5. Prepare a classified balance sheet at December 31 of the current year.