The following Classified Balance Sheet has numerous errors. Indicate the errors in this Balance Sheet by preparing a corrected Classified Balance Sheet with all required information.

The following Classified Balance Sheet has numerous errors. Indicate the errors in this Balance Sheet by preparing a corrected Classified Balance Sheet with all required information.Thompson Company. Inc Trial Balance For the year ended Dec. 31,2012 Assets. Liabilities and Net Worth Building. at cost $18,000 Accumulated Depreciation $4,500 Land, appraised value $9,000 Note Payable (due 2015) $5,000 Inventory, retail price $10,000 Wages payable $2,100 Capital Stock $12,000 Accounts receivable $2,500 Retained Earnings $3,500 Accounts payable ($3,600) Total Liabilities $27,100 Cash $2,200 Amount needed to balance $11,000 Total Assets $38,100 Total Liab & Net worth $38,100 Additional Information: Land has an original cost of S 3.000 and inventory cost the company $ 5,000