Requirement 3. Prepare the classified balance sheet as of December 31, 2024. Use the report form. Begin by preparing the asset section of the balance sheet and then prepare the liabilities and owner's equity sections. Burlington Advertising Services Balance Sheet December 31, 2024 Assets Current Assets: Cash $ 14,400 Office Supplies 6,300 Advertising Expense 14000 34700 Total Current Assets Property, Plant, and Equipment: Land Building Less: Accumulated Depreciation --Building $ 17.700 51,500 (35,700) II Less: Accumulated Depreciation--Furniture (14,400) Total Current Assets Burlington Advertising Services Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash $ 14,400 Accounts Receivable 15,100 Office Supplies 6,300 Land 17,700 Building 51,500 Accumulated Depreciation-Building $ 35,700 Furniture 21,100 Accumulated Depreciation Furniture 14,400 Accounts Payable 9,900 Salaries Payable 7,800 Unearned Revenue 14,500 Cole, Capital 79,400 Cole, Withdrawals 20,500 Service Revenue 38,000 Salaries Expense 26,000 Supplies Expense 9,200 Depreciation Expense-Building 2,500 Depreciation Expense-Furniture 1,400 14,000 Advertising Expense $ 199,700 $ 199,700 Total