The following is a December 31, 2016, post-closing trial balance for the Jackson Corporation.

Account Title	Debits		Credits
Cash	54,000
Accounts receivable	48,000
Inventories	89,000
Prepaid rent	30,000
Marketable securities (short term)	24,000
Machinery	215,000
Accumulated depreciationmachinery			25,000
Patent (net of amortization)	93,000
Accounts payable			15,000
Wages payable			11,000
Taxes payable			46,000
Bonds payable (due in 10 years)			210,000
Common stock			170,000
Retained earnings			76,000
Totals	553,000		553,000

Required:

Prepare a classified balance sheet for Jackson Corporation at December 31, 2016. (Amounts to be deducted should be indicated by a m