! Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed below.] The following is the adjusted trial balance of Sierra Company. Account Title Cash Debit Credit $ 27,000 Prepaid insurance 1,600 Notes receivable (due in 5 years) 6,200 Buildings 75,000 Accumulated depreciation-Buildings $ 23,000 Accounts payable 8,000 Notes payable (due in 3 years) 8,500 H. Sierra, Capital 27,000 H. Sierra, Withdrawals 6,500 Consulting revenue 64,500 Wages expense 4,600 Depreciation expense-Buildings Insurance expense Totals 7,500 2,600 $131,000 $131,000 QS 4-11 Preparing a classified balance sheet LO C3 Use the information adjusted trial balance to prepare Sierra Company's classified balance sheet as of December 31. SIERRA COMPANY Balance Sheet December 31