These items are taken from the financial statements of longhorn co. at december 31, 2017. buildings $105,800 accounts receivable 12,600 prepaid insurance 3,200 cash 11,840 equipment 82,400 land 61,200 insurance expense 780 depreciation expense 5,300 interest expense 2,600 common stock 60,000 retained earnings (january 1, 2017) 40,000 accumulated depreciation—buildings 45,600 accounts payable 9,500 notes payable 93,600 accumulated depreciation—equipment 18,720 interest payable 3,600 service revenue 14,700 prepare a classified balance sheet. assume that $13,600 of the note payable will be paid in 2018.