The following is the balance sheet of Korver Supply Company at December 31, 2020 (prior year) Transactions during 2021 (current year) were as follows: Additional Information: The notes payable are dated June 30,2020 , and are due on June 30.2022 . Interest at 8% is payable annually on June 30 . Depreciation on the furniture and fixtures for 2021 is $39,000. The furniture and fixtures originally cost $490,000. Required: Prepare a classified balance sheet at December 31, 2021, by updating ending balances from 2020 for transactions during 2021 and the additional information. The cost of furniture and fixtures and their accumulated depreciation are shown separately. (Amounts to be deducted should be indicated by a minus sign.) Additional Information: The notes payable are dated June 30, 2020, and are due on June 30,2022 . Interest at 8% is payable annually on June 30. Depreciation on the furniture and fixtures for 2021 is $39,000. The furniture and fixtures originally cost $490,000. Required: Prepare a classified balance sheet at December 31, 2021, by updating ending balances from 2020 for transactions during 2021 and the additional information. The cost of furmiture and fixtures and their accumulated depreciation are shown separately. (Amounts to be deducted should be indicated by a minus sign.)