Preparing a Classified Balance Sheet The following financial data for the St. John Corporation was collected as of December 31, 2013. All accounts have normal balances.

Accounts Receivable	$199,200		Furniture & Equipment	$202,800
Accounts Payable	43,600		Cash	101,600
Prepaid Insurance	9,400		Accumulated Depreciation	86,400
Common Stock	408,800		Inventory	188,800
Retained Earnings	?

Required Prepare a classified balance sheet as of December 31, 2013.

Do not use negative signs with your answers.

ST. JOHN 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
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity