The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit 11,500 160,000 6,000 35,000 400,000 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 135,000 40,000 40,000 5,000 14,100 250,000 72,000 12,100 500,000 230,000 130,000 25,000 40,000 3,000 3,500 1,056, 100 1,056, 100 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