The accounting data for Hilltop Farm, Inc., December 31, 2002 are shown below. Prepare the Balance Sheet by identifying the three asset and liability classifications (current, intermediate, and long term). Accounts Payable $35,000 Accounts Receivable 15,000 Cash 50,000 Notes Payable (within a year) 25,000 Savings 40,000 Tax Payable 5,000 Supplies 10,000 Wages Payable 55,000 Livestock to be sold 30,000 Real Estate Mortgages 60,000 I Crops to be sold 15,000 Machinery 15,000 Equipment 5,000 Notes Payable (Within 5 years) 50,000 Breeding stock value 20,000 Farmland 200,000 Buildings 80,000 7. Reets owns current assets of: a. $260,000 b. $200,000 c. $160,000 d. $85,000 e. None of the above 8. Deets owes current liabilities of: a. $120,000 b. $90,000 c. $35,000 d. $25,000 e. None of the above