PLEASE SHOW YOUR WORK, AS SPECIFIC AS POSSIBLE, THANK YOU.

4. At its 12/31/2020 post-closing trial balance, the Wu Retailers had the following accounts (not listed in any particular order) with normal account balances as follows: Notes Receivable of $450,000, Patents (net) of $240,000, Cash of $1,300,000, Marketable securities of $500,000, Salaries Payable of $320,000, Retained Earnings of $1,680,000, Deferred Revenue of $130,000, Common Stock of $1,000,000 and Inventory of $640,000. The following additional information was known: The Common Stock account represents 500,000 shares of no par value common stock issued and outstanding. Wu Retailers has 4,000,000 common shares authorized The Deferred Revenue is for items that will ship to customers in February 2021. The Marketable Securities will be sold in January 2021. The Notes Receivable reported at $450,000 consists of two notes. One note is for $50,000 and principal and interest at 5% are due on 12/31/2021. The other note is a $400,000 note that requires annual interest at 5% and repayment of the principal on 12/31/2025. Prepare Wu Retailer's 2020 classified Balance Sheet in good form