The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant. In reviewing the statement you notice several errors. Additional information: Cash includes a $22,000 bond sinking fund to be used for repayment of the bonds payable in 2017. The cost of the machinery is $210, 000. Accounts receivable includes a $16,000 note receivable from a customer due in 2016. The note payable includes accrued interest of $12,000. Principal and interest are both due on February 2014. The company began operations in 2008. Income less dividends since inception of the company totals $43,000. 50.000 shares of no par common stock were issued in 2008. 100.000 shares are authorized. Required: Prepare a corrected, classified balance sheet