The Werthman Company collected the following information for the preparation of its December 31 classified balance sheet:

Accounts receivable	$27,000	Property, plant, and equipment	$360,000
Cash	30,600	Inventory	117,000
Other current assets	45,000	Other long-term assets	72,000
Accounts payable	37,800	Common stock	171,000
Long-term liabilities	99,000	Retained earnings	?
Other current liabilities	32,400

Prepare a classified balance sheet for Werthman Company.

Werthman Company
Balance Sheet
December 31
Assets		Liabilities & Stockholders' Equity
Current Assets:		Current Liabilities:
AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer	AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer
AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer	Other current liabilities	Answer
AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer	Total Current Liabilities	Answer
Other current assets	Answer	Noncurrent Liabilities:
Total Current Assets	Answer	AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer
		Total Liabilities	Answer
Noncurrent Assets:		Stockholders' Equity
AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer	Common stock	Answer
Other long-term assets	Answer	AnswerAccounts payableAccounts receivableCashCommon stockInventoryLong-term liabilitiesOther current liabilitiesOther long-term assetsProperty plant and equipmentRetained earnings	Answer
Total Noncurrent Assets	Answer	Total Stockholders' Equity	Answer
Total Assets	Answer	Total Liabilities & Stockholders Equity	Answer