The following is the balance sheet of Korver Supply Company at December 31,2017. KORVER SUPPL Balance Sheet Assets Cash Accounts receivable Inventories Furniture and fixturea, net $140,000 280,000 230,000 160, 000 810,000 Total assets Liabilities and Shareholders' Equity Accounts payable (for merchandise) Note payable Interest payable Common stock Retained earnings $230, 000 240,000 6, 000 130,000 204,000 Total liabilities and shareholders'e10, 000 equity Transactions during 2018 were as follows: 1. Sales to customers on account $890,000 2. Cash collected from customers 870,000 s80,000 Purchase of merchandise on account 4. Cash payment to suppliers590,000 5. Cost of merchandise sold 6. Cash paid tor operating 530, 000 250,000 12.000 expenses paid for interest pn note The note payable is dated June 30, 2017 and is due on June 30, 2019. Interest at 5% is payable annually on June 30 the furniture and fixtures for the year is $29.000. The furniture and fixtures originally cost $390.000 Required: Prepare a classified balance sheet at December 31. 2018 (ignore income taxes). (Amounts to be deducted should be Indicated bya minus sign) . Depreciation on