The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc.

Account Title		Debits					Credits
Cash	$	55,000
Accounts receivable		39,000
Inventory		45,000
Prepaid insurance		15,000
Equipment		100,000
Accumulated depreciation						$	34,000
Patent (net)		40,000
Accounts payable							12,000
Interest payable							2,000
Notes payable (due in 10 years)							100,000
Common stock							70,000
Retained earnings							76,000
Totals	$	294,000				$	294,000

Prepare a classified balance sheet for Culver City Lighting, Inc.

At December 31, 2021 Assets Current assets: Total current assets Property, plant, and equipment: Net property, plant, and equipment Intangible assets: Total assets Liabilities and Shareholders' Equity Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity