Use the following Adjusted Trial Balance and Statement of Retained Earnings to prepare the Classified Balance Sheet in good form for Weasley Incorporated for December 31, 2019. Thank you!!

Account Title Balance Debit Credit $ 76,000 19,000 157,000 2,000 750,000 S 50,000 Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation- Equipment Accounts Payable Salaries Payable Note Payable (Long Term) Common Stock - S1 Par Value Paid in Capital in Excess of Par- Common Retained earnings Sales Revenue COGS Salaries Expense Depreciation Expense- Equipment Advertising Expense Supplies Expense Total 44,000 12,000 208,000 200.000 100.000 80.000 642.000 228.000 85.000 10.000 7.600 1.400 5 1 336.000 5 1336.000 80,000 642,000 Retained earnings Sales Revenue COGS Salaries Expense Depreciation Expense Equipment Advertising Expense Supplies Expense Total 228.000 85.000 10,000 7,600 1.400 $ 1,336,000 $ 1,336,000 Weasly Incorporated Retained Earnings Statement FYE December 31, 2019 Retained Earnings, January 1, 201980,000 Net Income for the Year 310,000 Dividends_ 0 Retained Earnings, December 31, 2019 $ 390,000