Cone Corporation is in the process of preparing its December 31, 2024, balance sheet. There are some questions as to the proper classification of the following items: a. $50,000 in cash restricted to pay debt. The debt matures in 2028.
b. Prepaid rent of $24,000, covering the period January 1, 2025, through December 31, 2026.
c. Notes payable of $200,000. The notes are payable in annual installments of $20,000 each, with the first installment payable on March 1, 2025.
d. Accrued interest payable of $12,000 related to the notes payable is due June 30, 2025.
e. Investment in equity securities of other corporations, $80,000. Cone intends to sell one-half of the securities in 2025.

Required:
Prepare the asset and liability sections of a classified balance sheet to show how each of the above items should be reported.