The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal year: cash, $31,000; accounts receivable, $26,000; inventory, $40,000; equipment (net), $95,000; accounts payable, $29,000; salaries payable, $12,500; interest payable, $8,500; notes payable (due in 18 months), $45,000; common stock, $80,000. Prepare a classified balance sheet for K and J Nursery, Inc. The equipment originally cost $160,000. (Amounts to be deducted should be indicated by a minus sign.) K AND J NURSERY, INC. Balance Sheet At December 31, 2021 Assets Current assets Total current assets Property, plant, and equipment Net property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Total current liabilities Long-term liabilities Total liabilities Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity