The following is the ending balances of accounts at December 31, 2016, for the Weismuller Publishing Company Account Title Cash Accounts receivable Inventories Prepaid expenses Machinery and equipment Accumulated depreciation-equipment Investments Accounts payable Interest payable Deferred revenue Taxes payable Notes payable Allowance for uncollectible accounts Common stock Retained earnings 73,000 168,000 289,000 156,000 328,000 114,000 148,000 64,000 24,000 84,000 34,000 220,000 20,000 404,000 198,000 Totals 1,162,000 1,162,000 Additional information: 1. Prepaid expenses include $128,000 paid on December 31, 2016, for a two-year lease on the building that houses both the administrative offices and the manufacturing facility 2. Investments include $34,000 in Treasury bills purchased on November 30, 2016. The bills mature on January 30, 2017. Theremaining $114,000 includes investments in marketable equity securities that the company intends to sell in the next year 3. Deferred revenue represents customer prepayments for magazine subscriptions. Subscriptions are for periods of one vear or less 4. The notes payable account consists of the following a. a $44,000 b. a $104,000 note due in six years c. a $72,000 note due in three annual installments of $24,000 each, with the next installment due August note due in six months 31, 2017 outstanding. The corporation has 600,000 shares authorized. equired: 5. The common stock account represents 404,000 shares of no par value common stock issued and Prepare a classified balanced sheet for the Weismuller Publishing Company at December 31, 2016 (Amounts to be deducted should be indicated by a minus sign.)