Use the data from S4-11 to prepare the classified balance sheet for The Skate Shed, Inc., at January 31, 2016. Use the report format.

Refer to data Exercise S4-11,

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Cost of Goods Sold. Equipment, Net. Accrued Liabilities. Net Sales Revenue Accounts Receivable. Prepaid Rent Interest Expense $2,750 6,475 4,800 6,025 23,000 4,700 1,150 $21,000 25,700 2,475 41,500 3,100 1,200 375 Cash. Total Operating Expenses. Accounts Payable.. Total Stockholders' Equity Long-Term Notes Payable. Inventory.. Salaries Payable.