The trial balance for a company listed the following account balances at December $31,$ Year $1,$ the end of its fiscal year: cash, $$34,000$; accounts receivable, $$29,000$; inventory, $$43,000$; equipment $($net$),$ $$98,000$; accounts payable, $$32,000$; salaries payable, $$14,000$; interest payable, $$10,000$; notes payable $($due in $18$ months$),$ $$48,000$; common stock, $$86,000.$

Prepare a classified balance sheet for the company. The equipment originally cost $$175,000.$

Note: Amounts to be deducted should be indicated by a minus sign.