BENNETT CO. Balance Sheet December 31 Assets Current assets $ 1,700 Accounts receivable 12,600 19,000 Cash Total current assets 33,300 Long-term investments Notes receivable 4,000 Total assets 37,300 Liabilities Current liabilities $ 3,200 Accounts payable Notes payable Long-term liabilities 6,400 Total liabilities 9,600 Equity Total equity Total liabilities and equity 27,700 37,300 $ Selected accounts from Bennett Co.'s adjusted trial balance for the year ended December 31 follow. $ 1,700 Prepaid rent Accounts receivable $ 3,200 900 13,500 Accounts payable Allowance for doubtful accounts Notes payable (due in 10 years) Notes receivable (due in 4 years) Cash 19,000 6,400 Total equity 27,700 4,000 Prepare a classified balance sheet. Note: Allowance for doubtful accounts is subtracted from accounts receivable on the company's balance sheet BENNETT CO. Balance Sheet December 31 Assets Current assets $ 1,700 12,600 Accounts receivable Cash 19,000 33,300 Total current assets Long-term investments