The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2016, the end of its fiscal year: cash, $28,000; accounts receivable, $23,000; inventories, $37,000; equipment (net), $92,000; accounts payable, $26,000; wages payable, $11,000; interest payable, $7,000; note payable (due in 18 months), $42,000; common stock, $74,000. Prepare a classified balance sheet for K and J Nursery, Inc. The equipment originally cost $175,000.