Sawgrass Building Products Company provided the following information for the current year ended December 31. Click the icon to view the financial data) Requirements Prepare the current year classified balance sheet using the report format: b. Prepare the current-year classified balance sheet using the account format. uestion a. stio uestion stio uestion Requirement a. Prepare the current-year classified balance sheet using the report format. Begin by preparing the asset section of the balance shoot and then propare the liabilities and stockholders' equity sections. Use a minus son or parentes for any loss amounts) Sawgrass Building Products Company Balance Sheet At December 31 Assets Se (Act 2 Help me solve this Calculator Get more help Clear all Check answer Sawgrass Building Products Company provided the following information for the current year ended December 31. B Click the icon to view the financial data.) Requirements a. Prepare the current-year classified balance sheet using the report format. b. Prepare the current-year classified balance sheet using the account format. Dawy ass Dunny I UUUULS Company Balance Sheet At December 31 Assets Financial data - X ts cd the Debit Credit year year $ 625,000 $ > DU B At 200,500 1,527 250 545,000 298,500 34,500 335,900 Account Cash Notes payable, due in 5 years Retained earnings Obligations under capital leases (noncurrent) Obligations under pension plans Deferred tax liability (noncurrent) Accumulated other comprehensive loss Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 10 years Investments at fair value (trading) Accounts payable Additional paid-in capital Dividends payable 350,000 3,300,000 545,000 410,000 2,100,000 245,000 495,000 750,000 45,000 w Print Done Financial data 34,500 335,900 350,000 3,300,000 545,000 410,000 2,100,000 245,000 Deferred tax liability (noncurrent) Accumulated other comprehensive loss Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 10 years Investments at fair value (trading) Accounts payable Additional paid-in capital Dividends payable Equipment under capital lease Intangible assets-net Merchandise inventory Income taxes payable Common stock, $1 par value Totals 495,000 750,000 45,000 1,811,750 209.100 725,000 41.000 1,820,000 $8,206,750 $8,206,750 W Print Done Clear an Calculator Get more help