The following is a partial listing of accounts for Salem, Inc., for the year ended December 31, 2021. Required: Prepare a balance sheet in good format for December 31, 2021. Finished Goods Current Maturities of Long-Term Debt $ 9,718 1,257 Accumulated Depreciation Accounts Receivable Sales Revenue 9,980 24,190 127,260 Treasury Stock 251 Prepaid Expenses 2,199 Deferred Taxes (long-term liability) 8,506 Interest Expense 2,410 Allowance for Doubtful Accounts 915 Retained Earnings 18,951 Raw Materials Accounts Payable 9,576 19,021 Cash and Cash Equivalents 8,527 Sales Salaries Expense 872 Cost of Goods Sold 82,471 Investment in Unconsolidated Subsidiaries 3,559 Income Taxes Payable 8,356 Work In Process 1,984 Additional Paid-In Capital 9,614 Equipment 41,905 Long-Term Debt 15,258 Rent Income 2,468 Common Stock 3,895 Notes Payable (short-term) 6,156 Income Tax Expense 2,461