The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Accounts Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable (due in two years) Common stock Retained earnings Dividends Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense Utilities expense Totals Debit Credit $18,000 164,000 6,000 34,000 370,000 $131,000 19,000 4,000 1,700 30,000 160,000 147,200 21,000 480,000 181,000 80,000 18,000 40,000 2,900 38,000 $972,900 $972,90 Prepare a classified balance sheet for China Tea Company as of December 31, 2021. (Amounts to be deducted should be indicated with a minus sign.) CHINA TEA COMPANY Balance Sheet As of December 31, 2021 Assets Liabilities and Stockholders' Equity Current assets Current liabilities: Total current liabilities Total liabilities Total current assets Stockholders' Equity 52:31 Utilities expense Totals 38,000 $972,900 $972,900 Prepare a classified balance sheet for China Tea Company as of December 31, 2021. (Amounts to be deducted should indicated with a minus sign.) CHINA TEA COMPANY Balance Sheet As of December 31, 2021 Assets Liabilities and Stockholders' Equity Current assets Current liabilities: Total current liabilities Total liabilities Stockholders' Equity: Total current assets Long-term assets: Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' oquity