Create a balance sheet for jackson using the balance sheet above as a template.

The following is a December 31, 2016, post-closing trial balance for the Jackson Corporation DebitsCredits 53,000 47,000 88,000 29,000 23,000 Account Title Cash Accounts receivable Inventories Prepaid rent Marketable securities (short term) Machinery Accumulated depreciation-machinery Patent (net of amortization) Accounts payable Wages payable Taxes payable Bonds payable (due in 10 years) Common stock Retained earnings 210,000 24,000 92,000 14,500 10,500 45,000 200,000 160,000 88,000 Totals 542,000 542,000 Required: Prepare a classified balance sheet for Jackson Corporation at December 31, 2016. (Amounts to be deducted should be indicated by a minus sign.)