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

• Cash: $2,850,000
• Accounts Receivable: $5,550,000
• Prepaid Insurance: $900,000
• Equipment: $18,000,000
• Accumulated Depreciation: $10,000,000
• Accounts Payable: $5,500,000
• Salaries Payable: $800,000
• Common Stock: $8,000,000
• Retained Earnings: $7,160,000

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