[The following information applies to the questions displayed below.] The Sky Blue Corporation has the following adjusted trial balance at December 31. Required: 1. Prepare a classified balance sheet at December 31. 2. Are the Sky Blue Corporation's assets financed primarily by debt or equity? Prepare a classified balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign.) 1. Prepare a classified alance sheet at December 31. 2. Are the Sky Blue Corporation's assets financed primarily by debt or equity? Are the Sky Blue Corporation's assets financed primarily by debt or equity