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These items are taken from the financial statements of Monty Co. at December 31,2025. Prepare a classified balance sheet. Assume that $13,328 of the note
These items are taken from the financial statements of Monty Co. at December 31,2025. Prepare a classified balance sheet. Assume that $13,328 of the note payable will be paid in 2026. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment.) Assets \begin{tabular}{l} Current Assets \\ \hline Cash \\ \hline Precounts Receivable \\ \hline Total Current Assets \\ \hline \\ \hline Property, Plant, and Equipment \\ \hline \end{tabular} \( \begin{array}{r}\$ \longdiv { 1 1 6 0 3 } \\ \square \\ \hline\end{array} \) Total Stockholders' Enuitv \begin{tabular}{|l|l|} \hline 18346i \\ \hline \end{tabular} 44688i80752 Total Liabilities and Stockholders' Eauitv V \begin{tabular}{l} Current Liabilities \\ \hline Notes Payable \\ \hline \hline Accounts Payable \\ \hline \end{tabular} Liabilities and Stockholders' Equity Interest Payable \( \begin{array}{r}\$ \longdiv { 9 1 7 2 8 } \\ \square \quad 9310 \\ \square \\ \hline\end{array} \) Total Current Liabilities Long-Term Liabilities Less V Accumulated Depreciation-Equipment \begin{tabular}{lc|} \hline \hline Total Stockholders' Eauitv & \\ \hline \hline Total Liabilities and Stockholders' Eauitv & \\ \hline \hline & \\ \hline Current Liabilities & \\ \hline & \\ \hline \hline Notes Payable \\ \hline \hline \end{tabular} Liabilities and Stockholders' Equity \begin{tabular}{l} \hline Accounts Payable \\ \hline Interest Payable \\ \hline \end{tabular} Total Current Liabilities Long-Term Liabilities Notes Payable Total Liabilities Stockholders' Equity \begin{tabular}{l} Commonstock \\ \hline Retained Earnings \\ \hline \end{tabular} \begin{tabular}{l} 58800 \\ \hline \\ \hline 39199 \\ \hline \end{tabular} Total Stockholders' Equity Total Liabilities and Stockholders' Equity V
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