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The following balances are available for Thompson Company on December 31, 2015: Accumulated depreciation 21,800 Accounts payable 11,200 Accounts receivable 9,800 Additional paid-in capital 24,000

The following balances are available for Thompson Company on December 31, 2015: Accumulated depreciation 21,800

Accounts payable 11,200

Accounts receivable 9,800

Additional paid-in capital 24,000

Common stock 6,000

Cash 7,400

Fixed assets 89,400

Interest payable- 2,400

Inventor- 13,600

Long-term notes payable- 28,000

Prepaid rent- 2,500

Retained earnings ?

Wages payable- 6,400

Required: Prepare a classified balance sheet at December 31, 2015.

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