The following are the typical classifications used in a balance sheet: Current assets b. Investments c. Property, plant, and equipment d. Intangible assets e. Other assets F. Current liabilities 8. Long-term liabilities h. Paid-in capital 1. Retained earnings Required: For each of the following 2021 balance sheet items, use the letters above to indicate the appropriate classification category. (If the item is a contro account, select the appropriate letter with a minus sign.) 10 2 a 3.16 4a 59 6.0 71 Interest payable (due in 3 months) Franchise Accumulated depreciation Prepaid insurance (for 2022) Bonds payable (due in 10 years) Current matunities of long term deb Notes payable (due in 3 months) Long term receivables Restncted cash will be used to retire bonds in 10 years) 100 11 C 12. 130 140 15 16 Supplies Machinery Land (used in operations) Deferred revenue (for 2022) Copyright Common stock Land (hold for speculation) Cash equivalents Salaries payablo 8b 170 18 9 0