The Following Balances Are Available for Thompson Company on December

Essay

The following balances are available for Thompson Company on December 31,2015:
$$\begin{array} { l l } \text { Accumulated depreciation } & \$ 21,800 \\\text { Accounts payable } & 11,200 \\\text { Accounts receivable } & 9,800 \\\text { Additional paid-in capital } & 24,000 \\\text { Common stock } & 6,000 \\\text { Cash } & 7,400 \\\text { Fixed assets } & 89,400 \\\text { Interest payable } & 2,400 \\\text { Inventory } & 13,600 \\\text { Long-term notes payable } & 28,000 \\\text { Trepaid rent } & 2,500 \\\text { Retained earrings } & ? \\\text { Nages payable } & 6,400\end{array}$$
Required:
Prepare a classified balance sheet at December 31,2015.