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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $19,000 155,000 5,000 29,000 320,000 Accounta Cash Accounts

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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $19,000 155,000 5,000 29,000 320,000 Accounta 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 Totalo $135,000 11,000 3,300 1,400 30,000 180,000 74,900 26,000 470,000 186,000 78,000 14,000 36,000 2.600 35,000 $ 905,600 $905,600 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

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