The following is the ending balances of accounts at December 31, 2018 for the Vosburgh Electronics Corporation Account Title Cash Short-term investments Accounts receivable Long-term investments Inventories Loans to employees Prepaid expenses (for 2019) Land Building Machinery and equipment Patent Franchise Note receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/19) Interest payable Taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals Deb it s 77,000 192,000 133,000 40,000 220,000 45,000 21,000 285,000 Credits 1,600,000 642,000 157,000 45,000 275,000 17,000 625,000 215,000 194,000 15,000 21,000 45,000 65,000 310,000 13,000 2,020,000 226,000 3,749, 000 3,749, 000 Additional information: 1. The common stock represents 1.5 million shares of no par stock authorized, 550,000 shares issued and outstanding 2. The loans to employees are due on June 30, 2019. 3. The note receivable is due in installments of $55,000, payable on each September 30nterest is payable annually 4. Short-term investments consist of marketable equity securities that the company plans to sell in 2019 and $55,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2019. Long-term investments consist of marketable equity securities that the company does not plan to sell in the next year. 5. Deferred revenue represents customer payments for extended service contracts. Eighty percent of these contracts expire in 2019, the remainder in 2020. 6. Notes payable consists of two notes, one for $105,000 due on January 15, 2020, and another for $205,000 due on June 30, 2021 Required Prepare a classified balance sheet for Vosburgh at December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)