Required information [The following information applies to the questions displayed below.) The following adjusted trial balance at December 31 of Wilson Trucking Company. Credit Debit $ 9,900 19,400 4,900 191,000 $ 37,900 104,000 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 17,700 5,900 67,500 39,500 149,500 21,900 149,000 25,400 66, 700 9,900 13,900 $ 467,000 $ 467,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $149,500 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets $ Current assets Cash Accounts receivable Office supplies 9,900 19,400 4,900 $ 34,200 Total current assets Plant assets Trucks $ 191,000 191,000 Total plant assets Total assets 191,000 225,200 $ Liabilities Current liabilities Accounts payable Interest payable $ 17,700 5,900 Current liabilities Accounts payable Interest payable $ 17,700 5,900 $ 23,600 Total current liabilities Long-term liabilities Long-term notes payable 67,500 Total liabilities $ 91,100 Equity Common stock Retained earnings 39,500 94,600 $ Total equity Total liabilities and equity 134,100 225,200 $