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Preparing a Classified Balance Sheet The following financial data for the St. John Corporation was collected as of December 31, 2016. All accounts have normal balances. Accounts Receivable $195,400 Furniture & Equipment $196,000 92,800 Accounts payable 36,800 Cash Prepaid insurance 600 Accumulated Depreciation 77,600 Common Stock 400,000 Inventory 175,000 Retained Earnings