Using the following data, prepare a classified balance sheet for Blanchard Company as of December 31, 2015.

Accumulated Depreciation Building Cash S 200 S1,000 Investments in Short- Term Govermment Securities Accounts Receivable800 400 Franchise 1,800 Inventory Prepaid Rent Investment in Land Held for future use 3.000 100 2,700 2,000 Accounts Payable Revenues Received in Advance Notes Payable (in two years) 1,600 400 4,000 12,000 Common Stock an Building 8,000