On December 31, 2013, the Stevens Company bookkeeper prepared the following balance sheet with items erroneously classified.

Required:
Next Level you determine that the account balances listed on the balance sheet are correct but, in certain cases, incorrectly classified. Prepare a properly classified balance sheet for Stevens as of December 31, 2013.

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Stevens Company Balance Sheet For Year Ended December 31, 2013 Current Assets Current Liabilities Inventory Accounts receivable Cash Treasury stock (at cost) $ 6,000 5,900 2,300 3,300 Accounts payable Allowance for doubtful accounts Salaries payable Taxes payable $ 9,900 800 1,500 2,500 Long-Term Investments Long-Term Liabilities Temporary investments in marketable securities Investment in held-to-maturity bonds 3,200 10,000 Bonds payable (due 2017) Uneamed rent (for 3 months) 11,000 900 Property, Plant, and Equipment Shareholders' Equity 24,200 Land Office supplies Buildings and equipment 8,100 800 35,600 Retained eamings Acc umulated depreciation on buildings and equipment 9,200 Additional paid-in capital on common stock 10,400 12,000 Intangibles Common stock, $10 par Patents (net) Prepaid insurance (for 6 months) Discount on bonds payable 5,000 1,200 1,000 Total Assets $82,400 Total Credits $82,400