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Required information (The following information applies to the questions displayed below) Jaguar Plastics Company has been operating for three years. At December 31 of last year, the accounting records reflected the following: During the current year, the company had the following summarized activities: a. Purchased short-term investments for $10,000 cash. b. Lent $5,000 to a supplier, who signed a two-year note. c. Leased equipment that cost $18,000; paid $5,000 cash and signed a five-year right-of-use lease for the balance. d. Hired a new president at the end of the year. The contract was for $85.000 per year plus options to purchase company stock at a set price based on company performance. The new president begins her postion on January 1 of next year. e. Issued an additional 2,000 shares of $0.50 par value common stock for $11.000cash. 1. Borrowed $9,000 cash from a local bank, payable in three months. 9. Purchased a patent (an intangible asset) for $3,000 cash. h. Built an addition to the factory for $24,000; paid $8,000 in cash and signed a three-year note for the batance. L. Returned defective equipment to the manufacturet, receiving a cash refund of $1,000. Required: 5. Prepare a classified balance sheet at December 31 of the current year. 5. Prepare a classified balance sheet at December 31 of the current year. 1 Required infomation