The following is the ending balances of accounts at December 31, 2021, for the Vosburgh Electronics Corporation.

Account Title	Debits			Credits
Cash	$	67,000
Short-term investments		182,000
Accounts receivable		123,000
Long-term investments		35,000
Inventory		215,000
Receivables from employees		40,000
Prepaid expenses (for 2022)		16,000
Land		280,000
Building		1,550,000
Equipment		637,000
Patent (net)		152,000
Franchise (net)		40,000
Notes receivable		250,000
Interest receivable		12,000
Accumulated depreciationbuilding				$	620,000
Accumulated depreciationequipment					210,000
Accounts payable					189,000
Dividends payable (payable on 1/16/2022)					10,000
Interest payable					16,000
Income taxes payable					40,000
Deferred revenue					60,000
Notes payable					300,000
Allowance for uncollectible accounts					8,000
Common stock					2,000,000
Retained earnings					146,000
Totals	$	3,599,000		$	3,599,000

Additional information:

1. The common stock represents 1 million shares of no par stock authorized, 500,000 shares issued and outstanding.
2. The receivables from employees are due on June 30, 2022.
3. The notes receivable are due in installments of $50,000, payable on each September 30. Interest is payable annually.
4. Short-term investments consist of securities that the company plans to sell in 2022 and $50,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2022. Long-term investments consist of securities that the company does not plan to sell in the next year.
5. Deferred revenue represents payments from customer for extended service contracts. Eighty percent of these contracts expire in 2022, the remainder in 2023.
6. Notes payable consists of two notes, one for $100,000 due on January 15, 2023, and another for $200,000 due on June 30, 2024.

Required: Prepare a classified balance sheet for Vosburgh at December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.)