Excercise 3-8 Balance sheet; current versus long-term classification (LO3-2, 3-3 Cone Corporation is in the process of preparing Its December 31, 2018, balance sheet. There are some questions as to the proper classification of the following items: ed a. $56,000 In cash restricted in a savings account to pay bonds payable. The bonds mature in 2022. b. Prepald rent of $30,000, covering the period January 1, 2019, through December 31, 2020. c. Note payable of $212,000. The note is payable in annual instalments of $26,000 each, with the first installment payable on March 1, 2019. d. Accrued interest payable of $18,000 related to the note payable. e. Investment in marketable securities of other corporations, $92,000. Cone intends to sell one-half of the securities in 2019. Required: Prepare a partial classified balance sheet to show how each of the above items should be reported. nces CONE CORPORATION Balance Sheet (Partial) At December 31, 2018 Assets Liabilities and Shareholders' Equity