E$4\mathrm{.}17($LO $4),$ C The following are the major balance sheet classifications. Current assets $($CA$)$ Current liabilities $($CL$)$ Long$-$term investments $($LTI$)$ Long$-$term liabilities $($LTL$)$ Property, plant, and equipment $($PPE$)$ Stockholders' equity $($SE$)$ Intangible assets $($IA$)$ Instructions Classify each of the following financial statement items based on the major balance sheet classifications listed above. Prepaid advertising Equipment Trademarks Salaries and wages payable Income taxes payable Retained earnings Accounts receivable Land $($held for future use$)$ Patents Bonds payable Common stock Accumulated depreciation$-$equipment Unearned sales revenue Inventory