Required information [The following information applies to the questions displayed below.) The December 31, Year 1, adjusted trial balance for a company is presented below. Credit Debit $ 10,200 132,000 4,200 21,000 220,000 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 $117,000 10,200 9,200 3,200 22,000 120,000 42,000 320,000 220,000 11,000 22,000 3,200 $643, 600 $643, 600 3. Prepare a classified balance sheet as of December 31, Year 1. (Amounts to be deducted should be indic December 31, Year 1 Liabilities Assets Current liabilities: Current assets: 0 Total current liabilities Total current assets ces 0 Total liabilities Stockholders' Equity Long-term assets 0 0 Total stockholders' equity Total liabilities and stockholders' equity Total long-term assets Total assets $ 0 $