The following adjusted trial balance at December $31$ of Wilson Trucking Company. $1$

Required information $!$

Required information

$\backslash$table$[[$Land$,(,,98,000],[$Total plant assets,,,$245,700],[$Total assets,,$$,278,100],[$Liabilities$],[$Current liabilities,,,$(],[$Accounts payable,$(,$$$,15,900],[$Interest payable,$(,,5,300],[$Long$-$term notes payable,x$,,64,500\backslash$times $],[$Total current liabilities,,$$,85,700],[$Long$-$term liabilities,,,$($V$)],[$Long$-$term notes payable,$,,64,500$vv$],[$Total liabilities,,$$,150,200],[$Equity$],[$Common stock,V$,,36,500$vv$],[$Retained earnings,$(,,146,500\backslash$times $],[$Retained earnings,x$,,160,900$x$],[$Total equity,,$$,343,900],[$Total liabilities and equity,,$$,494,100]]$

Prepare Wilson Trucking Company's classified balance sheet as of December $31.$ The Retained Earnings account balance was

$$146,500$ at December $31$ of the prior year.

Answer is complete but not entirely correct.

WILSON TRUCKING COMPANY

Balance Sheet

December $31$

Assets