The following selected accounts and their current balances appear in the ledger of Piney Co. for the fiscal year ended June 30, 2020. Accounts Payable 9,850 LT Note Payable 80,080 Accounts Receivable 23,850 Misc. Administrative Expense 1,280 Accumulated Depreciation - Office Equipment (10,240) Misc. Selling Expense 1,280 Accumulated Depreciation - Store Equipment (27,360) Office Equipment 63,000 Advertising Expense 8,560 Office Salaries Expense 63,050 Cash 45,000 Office Supplies 2,380 Common Stock 35,000 Office Supplies Expense 1,040 Cost of Goods Sold 435,000 Additonal Paid-in Capital 28,000 Customer Refunds Payable 4,500 Prepaid Insurance 2,720 Depreciation Expense - Office Equipment 4,160 Rent Expense 35,780 Depreciation Expense - Story Equipment 3,120 Retained Earnings, ending balance 110,000 Dividends 12,000 Salaries Payable 1,920 Insurance Expense 1,678 Sales 715,000 Interest Expense 12,500 Sales Salaries Expense 97,520 Inventory 85,000 Store Equipment. 85,000 Piney Co. has 15,000 shares of common stock authorized and 3,500 shares issued and outstanding with a par value $10. Others on your team prepared the income statement and the statement of stockholders equity. Required: Prepare the classified balance sheet in good form for Piney at June 30, 2020.