The following items were taken from the December 31, 2013 adjusted trial balance of Flip Company. (All balances are normal.)
Mortgage payable $ 1,443 Accumulated depreciation 3,655
Prepaid expenses 880 Accounts payable 1,444
Equipment 11,000 Notes payable after 2015 1,200
Long-term investments 1,100 Flip s capital 11,480
Short-term investments 3,690 Accounts receivable 1,696
Notes payable in 2014 1,000 Inventories 1,756
Cash 2,100 Service Revenue 9,000
Rent Expense 1,000 Wages Expense 5,000
Utilities Expense 1,000
Instructions: Prepare a classified balance sheet in good form as of December 31, 2013.