Required Information [The following Information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking revenue Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals Debit $ 8,700 18,200 3,700 179,000 Credit $ 36,700 92,000 14,100 4,700 61,500 33,500 143,500 20,700 137,000 24,200 63,100 8,700 12,700 $ 431,000 $ 431,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $143,500 at December 31 of the prior year. WILSON TRUCKING COMPANY Current assets Cash Accounts receivable Office supplies Total current assets Plant assets Trucks Balance Sheet December 31 Assets S 8,700 18,200 3,700 S 30,600 $ 179,000 179,000 Total plant assets 179,000 Total assets S 209,600 Liabilities Current liabilities Accounts payable Interest payable S 14,100 4,700 Total current liabilities Long-term liabilities Long-term notes payable Total liabilities Common stock Retained earnings Total equity Total liabilities and equity S 18,800 61,500 S 80,300 Equity 33,500 143,500 S 177,000 S 257,300