1. Based on the adjusted trial balance shown below, prepare a balance sheet for Focus Property Management Services and categorize assets and liabilities as current and non-current.

Focus Property Management Adjusted Trial Balance December 31
	Debit	Credit
Cash	18,200
Accounts receivable	34,200
Supplies	2,100
Long-term investments	25,000
Buildings and Equipment	45,000
Accumulated depreciation Delivery equipment		11,080
Intangible assets	16,000
Accounts payable		16,200
Wages payable		4,120
Long-term notes payable *		20,000
B. Cashman, Capital		40,400
B. Cashman, Withdrawals	15,000
Property management fees earned		145,000
Rent expense	8,000
Wages expense	62,000
Supplies expense	2,500
Depreciation expense Equipment	4,050
Interest expense	1,000
Utilities expense	3,750	_______
Totals	236,800	236,800

* $2,000 of the long-term note payable is due during the next year.