The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit 12,400 169,000 6,900 44,000 490,000 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation equipment Accounts payable Notes payable due in three months Salaries payable Interest payable Common stock Retained earnings Dividends Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals 144,000 49,000 49,000 5,900 18,600 295,000 91,800 15,700 590,000 275,000 139,000 34,000 49,000 3,900 4,400 1,243,300 1,243,300 Required: Prepare a classified balance sheet for China Tea Company as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) CHINA TEA COMPANY Balance Sheet At December 31, 2021 Assets Total assets Liabilities and Shareholders' Equity Assets Total assets Liabilities and Shareholders' Equity Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity