These items are taken from the financial statements of Cleland Co. at December 31, 2010.
Building ................ $105,800
Accounts receivable .......... 12,600
Prepaid insurance ........... 4,680
Cash ................ 11,840
Equipment ................ 82,400
Land ................ 61,200
Insurance expense ........... 780
Depreciation expense ........... 5,300
Interest expense ............. 2,600
Common stock ............ 62,000
Retained earnings (January 1, 2010) ..... $40,000
Accumulated depreciation—building .... 45,600
Accounts payable ........... 9,500
Note payable ............. 93,600
Accumulated depreciation—equipment .... 18,720
Interest payable ............ 3,600
Bowling revenues ............ 14,180

Instructions
Prepare a classified balance sheet. Assume that $13,600 of the note payable will be paid in 2011.