Problem $1$: Based on the adjusted trial balance shown below, prepare a classified balance sheet for Focus Package Delivery $(10$ marks$)$

$\backslash$table$[[\backslash$table$[[$Focus Package Delivery$],[$Adjusted Trial Balance$],[$December $31]]],[,$Debit,Credit$],[,18,200,],[$Accounts receivable,$34,200,],[,2,100,],[,25,000,],[,45,000,],[$Accumulated depreciation $-$ Delivery equipment........,,$11,080],[$Intangible assets,$16,000,],[,,16,200],[$Wages payable,,$4,120],[$Long$-$term notes payable $**dotsdotsdotsdotsdotsdotsdotsdotsdotsdotsdotsdots,,20,000],[,,40,400],[,15,000,],[$Delivery fees earned,,$145,000],[$Rent expense,$8,000,],[,62,000,],[$Supplies expense,$2,500,],[$Depreciation expense $-$ Delivery equipment $.................,4,050,],[,1,000,],[$Utilities expense,$3,750,],[,236,800,236,800]]$

Note: $2,000$ $ of the long$-$term note payable that is currently taken $($on December ${31}^{st})$ is due during the next year.