The following is a list of balance sheet accounts $($in random order$)$ and balances for the Premium Office Supply Company. They have been updated as of December $31,$ Year $1.$

Building $$248,000$

Land $82,000$

Retained earnings $328,000$

Notes payable $($due in $10$ years$)140,000$

Inventory $496,000$

Equipment $98,000$

Accounts payable $116,000$

Common stock $500,000$

Accumulated Depreciation $-$ Building $81,600$

Accumulated Depreciation $-$ Equipment $32,200$

Cash $82,000$

Unearned revenue $16,200$

Accounts receivable $208,000$

Required:

Prepare a classified balance sheet for Premium Office Supply Company at December $31,$ Year $1.$

Note: Amounts to be deducted should be indicated with a minus sign