The following balances are from the post-closing trial balance of Armour Inc. Account Title Debit Credit Cash $32,000 $ Accounts receivable 130,000 Allowance for doubtful accounts 15,000 Inventory 180,000 Prepaid insurance 2,400 Short-term investments 56,000 Equipment 200,000 Building 600,000 Accumulated depreciation-equipment 40,000 Accumulated depreciation-building 15,000 Goodwill 60,600 Accounts payable 90,000 Salaries payable 10,000 Interest payable 3,000 Income tax payable 18,000 Notes payable, 8%, 5-year 500,000 Bonds payable, 7%, 10-year 30,000 Common stock 400,000 Retained earnings 140,000 Totals $1,261,000 $1,261,000 a. Prepare a classified balance sheet for Armour Inc. as of December 31, 2020. Do not use negative signs with any of your answers. List current liabilities in the order of the largest dollar amount to the smallest dollar amount Balance Sheet As of December 31, 2020 Assets Current assets Cash Accounts receivable $ 0 5 0 e 0 0 Accounts receivable, net Short-term investments Inventory OOOOO 0 Property, plant, and equipment . 0 Equipment OOO e . 0 Intangible assets 0 40 5 0 Liabilities and Stockholders' Equity Current liabilities $ 0 0 0 0 0 OOOOO e Long-term liabilities Notes payable, 8%, 5-year 0 e 0 0 Stockholders' equity Common stock OOOO . $ b. Compute working capital on December 31, 2020. Working capital $ 0