The following data, in no particular order, are from the accounts of Brown Corp. as of December 31, 2020, its annual year-end. All amounts are accurate, all accounts have normal balances, total debits equal total credits.

Accounts payable (trade)	$ 8,000	Deferred revenue	$ 2,000
Debt retirement fund (long-term)	4,000	Cash dividends payable	5,000
Accounts receivable	17,000	Inventory	30,000
Income taxes payable	4,000	Land held for future business site	18,000
Short-term investments, marketable securities (cost which approximates fair value)	10,000	Equipment and furniture	70,000
Bonds payable (long-term)	51,000	Net income for 2020	35,000
Accumulated depreciation, equipment and furniture	6,000	Dividends (cash) declared (a debit)	3,000
Common stock, par $ 1 (100,000 shares authorized and issued)	70,000	Prepaid expenses (short-term)	1,000
Cash	20,000	Patent	4,000
Retained earnings, December 31, 2019	17,000	Prepaid rent (long-term)	2,000
Allowance for doubtful accounts	2,000	Investment in capital stock of Zinc Products Corp. (long-term)	26,000
		Premium on common stock	5,000

Required:

1. Compute the year-end balance of retained earnings.
2. Prepare a classified balance sheet as of December 31, 2020.
3. Compute working capital on December 31, 2020.