The following information is available for Optimist Company for the year ended December 31, 2011: Accounts payable $2,700 Accumulated depreciation, equipment 4,000 Common stock 3,800 Retained earnings 4,000 Copyrights 2,500 Notes payable (due in 5 years) 7,500 Accounts receivable 1,500 Cash 2,600 Short-term investments 1,000 Equipment 7,500 Investment in long-term bonds 6,900 Instructions Use the above information to prepare a classified balance sheet for the year ended December 31, 2011.