Exercise 4-13 (Algo) Preparing a classified balance sheet LO C1 Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare its classified balance sheet at December 31. Accounts payable Land Cash Salaries payable S. Andrea, Capital Machinery Prepaid insurance $9,500 Accounts receivable 32,500 Accumulated depreciation-Machinery 13,750 Notes payable (due in 7 years) $ 4,250 17,000 31,000 1,250 Long-term investments in bonds 46,000 Notes receivable (due in 4 years) 22,000 Merchandise inventory 3,000 7,500 16,500 5,250 ANDREA COMPANY Balance Sheet December 31 Assets D