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The following items are taken from the financial statements of Sand Clock Co. at February 20, 2021.
| Land | | | $ 195,900 |
| Accounts receivable | | | 21,500 |
| Supplies | | | 9,300 |
| Cash | | | 12,100 |
| Equipment | | | 83,400 |
| Buildings | | | 263,200 |
| Land improvements | | | 45,700 |
| Notes receivable (due in 2023) | | | 5,300 |
| Accumulated depreciationland improvements | | | 13,100 |
| Common stock | | | 72,500 |
| Retained earnings (December 31, 2022) | | | 505,000 |
| Accumulated depreciationbuildings | | | 34,300 |
| Accounts payable | | | 9,600 |
| Mortgage payable | | | 86,650 |
| Accumulated depreciationequipment | | | 18,950 |
| Interest payable | | | 3,900 |
| Income taxes payable | | | 15,700 |
| Patents | | | 47,700 |
| Investments in stock (long-term) | | | 71,100 |
| Debt investments (short-term) | | | 4,500 |
Prepare a classified balance sheet. Assume that $ 9,800 of the mortgage payable will be paid in 2021
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