Selected accounts from Bennett Co.'s adjusted trial balance for the year ended December 31 follow. Prepaid rent Accounts receivable $ 1,200 11,000 $ 2,700 500 Accounts payable Allowance for doubtful accounts Notes payable (due in 10 years) Notes receivable (due in 4 Cash 14,000 6,200 Total equity 21,000 years) 4,200 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 0 Long-term investments Total assets $ 0 Liabilities Current liabilities Long-term liabilities Total liabilities 0 Equity Total equity Total liabilities and equity $ 0