The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation Account Title Debits Credits Cash $ 59,00 Accounts receivable 53,000 Inventory 94, eee Prepaid rent (for the next 8 months) 35, eee Investment in equity securities (short term) 29, eee Machinery 240, eee Accumulated depreciation $ 30,000 Patent (net) 98,000 Accounts payable 17,5ee Salaries payable 13,500 Income taxes payable 51,00 Bonds payable (due in 10 years) 260,000 Common stock 170,000 Retained earnings 66,000 Totals 5608,eee $608,000 Required: Prepare a classified balance sheet for Jackson Corporation at December 31, 2021, by properly classifying each of the accounts. (Amounts to be deducted should be indicated by a minus sign.) JACKSON CORPORATION Balance Sheet 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 current liabilities Long-term liabilities: Total liabilities Shareholders' equity: Total shareholders' equity Total liabilities and shareholders' equity