The ending balances of accounts December 31, 2021, for the Vosburgh Electronics Corporation are as follows: Account Title Cash Short-term investments Debits 105,000 Credits 220,000 Accounts receivable 161,000 Long-term investments Inventory 54,000 234,000 Receivables from employees 59,000 Prepaid expenses (for 2022) 35,000 Land 299,000 Building 1,740,000 Equipment 656,000 Patent (net) Franchise (net) 171,000 59,000 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 Common stock Retained earnings Totals Allowance for uncollectible accounts Additional Information: 345,000 31,000 639,000 229,000 208,000 29,000 35,000 59,000 79,000 338,000 27,000 2,076,000 450,000 4,169,000 4,169,000 1. The common stock represents 1.6 million shares of no par stock authorized, 690,000 shares issued and outstanding. 2. The receivables from employees are due on June 30, 2022. 3. The notes receivable are due in installments of $69,000. 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 $69,000 in treasury bills 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 $119,000 due on January 15, 2023, and another for $219,000 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.) Current assets VOSBURGH ELECTRONICS CORPORATION Balance Sheet Net accounts receivable Total current assets Investments: At December 31, 2021 Assets