Preparing a Classified Balance Sheet The following financial data for the Marshall Corporation was collected as of December 31, 2013. All accounts have normal balances. Furniture & Equipment $100,000 Accumulated Depreciation $41,800 Cash 49,400 Accounts Receivable 98,200 Common Stock 203,000 Accounts Payable 20,400 Prepaid Insurance 3,300 Inventory 93,000 Retained Earnings Required Prepare a classified balance sheet as of December 31, 2013. Note: Do not use negative signs with your answers. MARSHALL CORPORATION Balance Sheet December 31,2013 Assets Current Assets: Inventory Total Current Assets Long-term Assets: Less: Accumulated Depreciation Total Long-term Assets Total Assets Liabilities & Stockholders' Equity Current Liabilities: Stockholders' Equity olo Total Stockholders' Equity Total Liabilities and Stockholders' Equity 50