The ending balances of accounts at December 31, 2021, for the Vosburgh Electronics Corporation are as follows: ces Account Title Cash Short-term investments Accounts receivable Long-term investments Inventory Receivables from employees Prepaid expenses (for 2022) Land Building Equipment Patent (net) Franchise (net) Notes receivable Interest receivable Accumulated depreciation-building Accumulated depreciation equipment Accounts payable Dividends payable (payable on 1/16/2022) Interest payable Income taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals Debits Credits $ 67,800 182,000 123,880 35,000 215,000 40,000 16,000 280,000 1,550,000 637,eee 152,eee 40,000 250,000 12,000 $ 620,000 210,000 189,000 10,000 16,000 40,000 60,000 300,000 8,000 2,eee, eee 146,600 $3,599, eee $3,599,800 Additional information: nr 1 million shares of no par stock authorized, 500,000 shares issued and outstandi ir bevable an Additional information: 1. The common stock represents 1 milion shares of no par stock authorized, 500,000 shares issued and outstanding 2. The receivables from employees are due on June 30, 2022 3. The notes receivable ate due in installments of $50.000 payable on each September 30. Interest is payable annually 4. Short-term investments consist of securities that the company plans to sell in 2022 and $50,000 in treasury bilis purchased on December 15 of the current year that mature on February 15, 2022. Long-term investments consist of securities that the company does not plan to sell in the next year 5. Deferred revenue represents payments from customer for extended service contracts Eighty percent of these contracts expire in 2022. the remainder in 2023 6. Notes payable consists of two notes one for $100.000 de on January 15, 2023, and another for $200,000 due on June 30, 2024 Required: Prepare a classified balance sheet for Vosburgh at December 31, 2021 (Amounts to be deducted should be indicated by a minus sign) $ 117.000 VOSBURGH ELECTRONICS CORPORATION Balance sheet At December 31, 2 Assets Current Cacand cashequivalent Shantom investments Accounts receive 5 120.000 8.000 Net accounts receivable 130 000