Selected accounts from Bennett Co.'s adjusted trial balance for the year ended December 31 follow. Prepaid rent $1,000 Accounts payable $ 2,500 Accounts receivable 10,000 Allowance for doubtful accounts 500 Cash 12,000 Notes payable (due in 10 years) 6,000 Total equity 18.000 Notes receivable (due in 4 years) 4,000 Prepare a classified balance sheet. Note: Allowance for doubtful accounts is subtracted from accounts receivable on the company's balance sheet BENNETT CO. Balance Sheet December 31 Assets Current assets Prepaid rent Accounts receivable Total current assets Long-term investments Total assets Liabilities Current liabilities Long-term liabilities Total liabilities Equity Total equity Total liabilities and equity