The following balance sheet items, listed in alphabetical order, are available from the records of Ruth Corporation at December 31, 2017:

Accounts payable	$19,625		Income taxes payable	$6,410
Accounts receivable	22,315		Interest payable	1,490
Accumulated depreciation - automobiles	22,420		Inventory	47,050
Accumulated depreciation - buildings	36,940		Land	244,000
Automobiles	112,100		Long-term investments	83,620
Bonds payable, due December 31, 2021	162,000		Notes payable, due June 30, 2018	9,000
Buildings	184,700		Office supplies	2,250
Capital stock, $10 par value	147,000		Paid-in capital in excess of par value	46,000
Cash	13,610		Patents	43,000
			Prepaid rent	1,480
			Retained earnings	299,070
			Salaries and wages payable	4,170

Required:

Question Content Area

1. Prepare in good form a classified balance sheet as of December 31, 2017.