The adjusted trial balance for China Tea Company at December 31, 2018, is presented below:

	Debit			Credit
Cash		10,500
Accounts receivable		150,000
Prepaid rent		5,000
Inventory		25,000
Equipment		300,000
Accumulated depreciation - equipment					125,000
Accounts payable					30,000
Notes payable - due in three months					30,000
Salaries payable					4,000
Interest payable					1,000
Common stock					200,000
Retained earnings					50,000
Sales revenue					400,000
Costs of goods sold		180,000
Salaries expense		120,000
Rent expense		15,000
Depreciation expense		30,000
Interest expense		2,000
Advertising expense		2,500
Totals		840,000			840,000

Required Prepare a classified balance sheet for China Tea Company as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) CHINA TEA COMPANY Balance Sheet At December 31, 2018