The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.

MOTO HOTEL Trial Balance May 31, 2017
		Debit			Credit
Cash		$ 2,453
Supplies		2,600
Prepaid Insurance		1,800
Land		14,953
Buildings		72,400
Equipment		16,800
Accounts Payable					$ 4,653
Unearned Rent Revenue					3,300
Mortgage Payable					38,400
Common Stock					59,953
Rent Revenue					9,000
Salaries and Wages Expense		3,000
Utilities Expense		800
Advertising Expense		500
		$115,306			$115,306

Other data:

1.		Insurance expires at the rate of $450 per month.
2.		A count of supplies shows $1,120 of unused supplies on May 31.
3.		(a) Annual depreciation is $3,720 on the building.
		(b) Annual depreciation is $3,120 on equipment.
4.		The mortgage interest rate is 5%. (The mortgage was taken out on May 1.)
5.		Unearned rent of $2,580 has been earned.
6.		Salaries of $820 are accrued and unpaid at May 31.

Prepare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment .)