Verizon Communications Inc. has the following balances as of December 31, 2023:

• Cash: $75,000
• Accounts Receivable: $125,000
• Inventory: $60,000
• Equipment: $400,000
• Accumulated Depreciation: $100,000
• Accounts Payable: $50,000
• Notes Payable: $200,000
• Common Stock: $150,000
• Retained Earnings: $160,000

Prepare a classified balance sheet for Verizon Communications Inc. as of December 31, 2023.