The following is a December 31, 2018, post-closing trial balance for the Jackson Corporation. Account Title Cash Accounts receivable Inventories Prepaid rent for the next 8 months Marketable securities (short term) Machinery Accumulated depreciation- machinery Patent (net of amortization) Accounts payable Wages payable Taxes payable Bonds payable (due in 10 years) Common stock Retained earnings Totals Debits Credits $ 49,000 43,000 84,000 25,000 19,000 190,000 $ 20,000 88,000 12,500 8,500 41,000 230,000 120,000 66,000 $498,000 $498,000 Required: Prepare a classified balance sheet for Jackson Corporation at December 31, 2018. (Amounts to be deducted should be indicated minus sign.) JACKSON CORPORATION Balance Sheet At December 31, 2018 Current assets Current liabilities Intangible assets Long-term liabilities Net property, plant, and equipment Non current liabilitiae 0 0 $ 0