The following is the ending balances of accounts at December 31, 2018 for the Vosburgh Electronics Corporation Credits 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 Debits 81,000 196,000 137,000 42,000 222,000 47,000 23,000 287,000 1,620,000 644,008 159,000 47,000 285,000 19,000 627,000 217,000 196,000 17,000 23,000 47,000 67,000 314,000 15,000 2,028,0e0 258,000 3,809,000 3, 809,000 Additional information: Additional information: 1. The common stock represents 1.1 million shares of no par stock authorized, 570,000 shares issued and outstanding 2. The loans to employees are due on June 30, 2019. 3. The note receivable is due in installments of $57,000, payable on each September 30. Interest is payable annually. 4. Short-term investments consist of marketable equity securities that the company plans to sell in 2019 and $57,000 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. Seventy five percent of these contracts expire in 2019, the remainder in 2020. 6. Notes payable consists of two notes, one for $107000 due on January 15, 2020, and another for $207000 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.) VOSBURGH ELECTRONICS CORPORATION Balance Sheet At December 31, 2018 0-0