Question: please complete balance sheet The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of

please complete balance sheet  please complete balance sheet The trial balance for K and J
Nursery, Inc., listed the following account balances at December 31, 2021, the

The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal year: cash, $20,000; accounts receivable, $15,000; inventory, $29,000; equipment (net). $84,000; accounts payable, $18,000: salaries payable. $7,000; interest payable, $3,000; notes payable (due in 18 months). $34,000; common stock, $58,000. Prepare a classified balance sheet for K and J Nursery, Inc. The equipment originally cost $135,000. (Amounts to be deducted should be indicated by a minus sign.) K AND J NURSERY, INC. Balance Sheet At December 31, 2021 Assets Current assets Cash Accounts receivable Inventory 20,000 15,000 29,000 64,000 135.000 (51.000) Total current assets Property, plant, and equipment Equipment $ Accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Accounts payable Salaries payable Interest payable 84,000 148.000 18,000 7,000 3,000 28,000 Total current liabilities Long-term liabilities Notes payable 34,000 62,000 Total liabilities Shareholders' equity Liabilities and Shareholders' Equity | $ Current liabilities Accounts payable Salaries payable Interest payable 18,000 7,000 3,000 28,000 Total current liabilities Long-term liabilities Notes payable 34,000 62,000 Total liabilities Shareholders' equity Common stock Retained earnings $ 58,000 Total shareholders' equity Total liabilities and shareholders' equity 58,000 120,000 $

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