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Selected accounts from Gregor Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Note: On the company's balance

Selected accounts from Gregor Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Note: On the company's balance sheet, accumulated depreciation is subtracted from equipment, accumulated amortization is subtracted from patents, and accumulated depletion is subtracted from silver mine. Gregor, Capital Patents Cash Land Equipment Silver mine $ 50,000 4,000 6,000 30,000 20,000 Accounts payable Accumulated depreciation-Equipment Notes payable (due in 9 years) Goodwill Accumulated depletion-Silver mine $ 2,000 13,000 11,000 5,000 3,000 1,000 Current assets Plant assets Total plant assets Intangible assets Total intangible assets 15,000. Accumulated amortization-Patents GREGOR COMPANY Balance Sheet December 31 Assets Plant assets Total plant assets Intangible assets Total intangible assets Total assets Current liabilities Long-term liabilities. Liabilities Total liabilities Equity Total liabilities and equity

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