The adjusted trial balance for China Tea Company at December 31, 2021, is presented below:

	Debit			Credit
Cash		11,400
Accounts receivable		159,000
Prepaid rent		5,900
Inventory		34,000
Equipment		390,000
Accumulated depreciationequipment					134,000
Accounts payable					39,000
Notes payabledue in three months					39,000
Salaries payable					4,900
Interest payable					13,600
Common stock					245,000
Retained earnings					69,800
Dividends		11,700
Sales revenue					490,000
Costs of goods sold		225,000
Salaries expense		129,000
Rent expense		24,000
Depreciation expense		39,000
Interest expense		2,900
Advertising expense		3,400
Totals		1,035,300			1,035,300

Required: Prepare a classified balance sheet for China Tea Company as of December 31, 2021