Exercise 9-18 (Algo) Preparing a balance sheet LO C1, P2, P3 Selected accounts from Lue Companys adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Total equity $ 31,600 Employee federal income taxes payable $ 10,400 Equipment 41,600 Federal unemployment taxes payable 220 Salaries payable 35,600 FICAMedicare taxes payable 540 Accounts receivable 8,500 FICASocial Security taxes payable 4,300 Cash 55,500 Employee medical insurance payable 3,600 Current portion of long-term debt 5,600 State unemployment taxes payable 3,300 Notes payable (due in 6 years) 10,000 Sales tax payable (due in 2 weeks) 440