The following data were taken from the adjusted trial balance of Kent Corporation.

Kent Corporation

Adjusted Trial Balance Data

December 31, 2009

Accounts Payable $12,000

Accounts Receivable 13,000

Accumulated Depreciation-Building 6,000

Accumulated Depreciation-Furniture & Fixtures 9,000

Building 60,000

Capital Stock 40,000

Cash 24,000

Copyrights 22,000

Dividends Declared 12,000

Furniture & Fixtures 15,000

Land 25,000

Note Payable (10%, due in 5 years) 40,000

Office Supplies 1,000

Prepaid Insurance 3,000

Retained Earnings (January 1, 2009) 23,000

Salaries Payable 2,000

Service Revenue 85,000

Salaries Expense 28,000

Utilities Expense 2,000

Depreciation Expense 5,000

Insurance Expense 2,000

Office Supplies Expense 1,000

Interest Expense 4,000

Required: Prepare a classified balance sheet in good form at December 31, 2009. (Ignore income taxes).