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, 2016. Building $240,000 Land 80,000 Retained Earnings 320,000 Notes Payable (due in 10 years) 136,000 Inventory 480,000 Equipment 96,000 Accounts Payable 112,000 Common stock 480,000 Accum Deprec - Bldg 80,000 Accum Deprec - Equip 32,000 Cash 80,000 Unearned Revenue 16,000 Accounts receivable 200,000 Required: Prepare a classified balance sheet for Premium Office Supply Company at December 31, 2016.