The following balance sheet for Los Gatos Corporation was prepared by a recently hired Accountant. In reviewing the statement you notice serval errors.

LOS GATOS CORPORATION Balance sheet At December 31, 2621 Assets Additional Information: 1. Cash includes a $24,000 restricted amount to be used for repayment of the bonds payable in 2025 . 2. The cost of the machinery is $198,000 3. Accounts receivable inciudes a $24,000 notes recelvabie from a customer due in 2024 4. The notes payable balance includes accrued lnterest of $9,000. Principal and interest are both due on February 1,2022 5. The company began operations in 2016. Net income less dividends since inception of the company totals $39.000. 6. 54,000 shares of no par common stock were issued in 2016. 100,000 shares are autnorized. Requlred: Prepare a corrected, classified balance sheet. Use the additional information to helo determine approprlate classifications a baibnces. The cost of machinery and its accumulated depreciation are shown separately, (Amounts to be cleducted should Indliceted by a minus slgn.)