These items are taken from the financial statements of Blossom Company at December 31, 2025. Retained earnings (beginning of year) $28,600 Utilities expense 2,000 Equipment 54,000 Accounts payable 15,000 Cash 15,500 Salaries and wages payable 2.500 Common stock 12.000 Dividends 13,000 Service revenue 78,000 Prepaid insurance 3.200 Maintenance and Repairs expense 1.500 Depreciation expense 3.100 Accounts receivable 14,000 Insurance expense 2000 Salaries and wages expense 45,000 Accumulated depreciation-equipment 17.200 Prepare a classified balance sheet as of December 31,2025. (Ust Current assets in order of liquidity) BLOSSOM COMPANY Balance Sheet .../25 Current Assets Accumulated Depreciation-Equipment Cash Prepaid Insurance Total Current Assets December 31, 2025 Assets 17200 15500 E !!! Liabilities and Stockholders' Equity $