Clear water co. reports the following balance sheet accounts as of december 31. buildings $25,000 accounts receivable 2,000 land 11,000 merchandise inventory 7,000 accounts payable 5,000 cash 8,000 notes payable (due in 7 years) 30,000 office supplies 1,000 common stock 10,000 retained earnings 6,000 wages payable 3,000required: prepare a classified balance sheet.