Classified Balance Sheet-four (4) questions - This problem does NOT build on the preceding problems, the numbers in the Adjusted Trial Balance are different. Instructions: Please prepare a Balance Sheet on your scratch paper based on the following Adjusted Trial Balance and Additional Information below to answer this question and the next three (3) questions. (Hint: you may also want to prepare a new Income Statement and Statement of Stockholders' Equity before preparing the Balance Sheet to make sure you have the necessary information for the Balance Sheet account balances.) You will need to know the amounts for total current assets, total long-term assets, total current liabilities, and total stockholders' equity. Adjusted Trial Balance As of 12/31/20xx Accounts Debit Credit Cash $15,400 Supplies 5,706 4,879 Accounts Receivable Equipment 120.700 Accumulated Depreciation $6,000 12,100 Accounts Payable 1.879 Deferred Revenue Notes Payable (due in 24 months 80,706 Notes Payable (due in 24 months 80,706 2,879 Common Stock 46,500 Retained Earnings Dividends 4,879 Revenue 12,400 900 Rent Expense 3,000 Supplies Expense 1,000 Utility Expense Depreciation Expense 6,000 Additional Information: Beginning Balance of Common Stock on 1/1/20xx $2.879 . Beginning Balance of Retained Earnings on 1/1/20xx $46,500 No new stock was issued during the accounting period. Hint: Please remember the formula for retained earnings when preparing this statement. Question: What is the amount shown for Total Current Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Fill in the blank with your calculated number. DO NOT include cornmas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Classified Balance Sheet Question: What is the amount shown for Total Long-term Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123 Classified Balance Sheet Question: What is the amount shown for Total Stockholders' Equity shown on the Classified Balance Sheet you prepared on your scratch paper? Fill in the black with your calculated number. DO NOT include commas, $ signs, period. decimal points, etc.. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Classified Balance Sheet Question: What is the amount shown for Total Current Liabilities shown on the Classified Balance Sheet you prepared on your scratch paper