Use the following to prepare a CLASSIFIED BALANCE SHEET. stock is at par $5. I attached an example photo of the format

Barker Company has the following ledger accounts and adjusted balances as of December 31, 2016. All accounts have normal balances. Barker's income tax rate is 40%. Barker has 300,000 shares of Common Stock authorized. You will need to determine the number of shares issued and the number of shares outstanding for your balance sheet. Accounts Payable 24,000 Accounts Receivable 180,000 Accumulated Depreciation-Building 50,000 Administrative Expenses 40,000 Allowance for Doubtful Accounts 22,000 Bonds Payable (Mature 2020)............. 300,000 Building 400,000 Cash 26,000 Common Stock 325,000 Cost of Goods Sold............................... 380,000 Discount on Bonds Payable...................... 50,000 Dividends 20,000 Income from Operations of Division X 40,000 (Division X is a component of Barker Company) Interest Revenue 10,000 Inventory. 280,000 Land 00,000 70,000 Loss from Fire Loss from Sale of Division X. 80,000 Paid-In Capital in Excess of Par.................. 75,000 Patent 30,000 Prepaid Rent 10,000 Retained Earnings, January 1, 2016 250,000 Sales Revenue. 900,000 Selling Expenses 130,000 *Two years rent paid in advance for offsite document storage