Tied Balance Sheet Prepare a classified balance sheet given the following account balances on December 31, 2020. Next, compute working capital on that same date. $1,600 Accounts payable Cash Accounts receivable $40,000 41.000 Notes payable Congarm 50.000 wentory 2.000 income taxes payable 1,764 Franchise 28.000 Retained earnings 31640 Prepaid insurance 500 Interest payable Common stock tho pir, 10,000 sharmissued and outstanding) 40,000 Equipment, s 560 104,000 Note: Other than cash, list items in each balance sheet category in the order of the largest dollar amount to the smallest dollar amount. Balance Sheet Assets Current asses Cash Accounts receivable Inventory Prepaid insurance Total current assets (quement, net Total assets As of December 31, 2020 Liabilities and Stockholders Equity Current labilties 1600 48000 1000 060 $650 Sotal current liabilities Total liabilities Total stockholders' equity Total abilities and stockholders' equity