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, $16,000; accounts receivable, $11,000; inventory, $25,000; equipment (net) $80,000; accounts payable, $14,000, salaries payable, $9,000; interest payable, $1,000; notes payable (due in 18 months). $30,000; common stock, $50,000. Prepare a classified balance sheet for K and J Nursery, Inc. The equipment originally cost $140,000. (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 Cash Accounts receivable Inventory $ 16,000 11.000 25,000 52,000 0 $ 52,000 Total current assets Property, plant, and equipment Equipment Accumulated depreciation Net property, plant and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Accounts payable Salarios payable Interest payable Notes payable Total current liabilities $ 14,000 9.000 1,000 30,000