The following is a December 31, 2024, post-closing trial balance for the Jackson Corporation. Account Title Cash Accounts receivable Inventory Prepaid rent (for the next 8 months). Investment in equity securities (short term) Machinery Accumulated depreciation Patent (net) Accounts payable Salaries payable Income taxes payable Bonds payable (due in 10 years) Common stock Retained earnings Totals Debits $ 40,000 Credits 34,000 75,000 16,000 10,000 145,000 $11,000 83,000 8,000 4,000 32,000 200,000 100,000 48,000 Required: $ 403,000 $ 403,000 Prepare a classified balance sheet for Jackson Corporation at December 31, 2024, by properly classifying each of the accounts. Note: Amounts to be deducted should be indicated by a minus sign. Current assets: JACKSON CORPORATION Balance Sheet At December 31, 2024 Assets Total current assets Property, plant, and equipment: Net property, plant, and equipment Intangible assets: Total assets Current liabilities: 0 0 $ 0 Liabilities and Shareholders' Equity Total current liabilities Long-term liabilities: Total liabilities Shareholders equity Total shareholders' equity o Total liabilities and shareholders' equity $