The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc. Credits Debits $ 60.000 44,000 50.000 20.000 115.000 Account Title Cash Accounts receivable Inventory Prepaid insurance Equipment Accumulated depreciation Patent (net) Accounts payable Interest payable Notes payable (due in 10 years) Connon stock Retained earnings Totals $ 39,000 45.000 14.500 4.500 150.000 75,000 51.000 $334.000 $334,000 Prepare a classified balance sheet for Culver City Lighting, Inc. (Amounts to be deducted should be indicated by a minus sign.) CULVER CITY LIGHTING, INC. Balance Sheet At December 31, 2021 Assets $ Current assets Cash Accounts receivable Prepaid insurance Inventory 60.000 44,000 20,000 50 000 174,000 $ Total current assets Property, plant, and equipment Equipment Accumulated depreciation Net property, plant, and equipment Intangible assets Patent (net) 115,000 (39,000) 76 000 45,000 Total assets $ 295.000 At December 31, 2021 Assets $ 60,000 Current assets Cash Accounts receivable Prepaid insurance Inventory 44,000 20.000 50,000 174,000 $ Total current assets Property, plant, and equipment Equipment Accumulated depreciation Net property, plant, and equipment Intangible assets Patent(net) 115,000 (39,000) 76,000 45,000 Total assets $ 295,000 Liabilities and Shareholders' Equity Current liabilities Interest payable Accounts payable Total current liabilities Long-term liabilities 4,500 14,500 169,000 Total liabilities Shareholders' equity 169,000 75,000 Common stock Total shareholders' equity Total liabilities and shareholders' equity 75,000 244,000 $