Romneys Marketing Company has the following adjusted trial balance at December 31, 2012. No dividends were declared. However, 500 shares issued at the end of the year for $3,000 are included below:DebitCredit Cash$1,580 Accounts receivable2,230 Interest receivable140 Prepaid insurance1,720 Notes receivable (long-term)2,840 Equipment15,500 Accumulated depreciation$2,810 Accounts payable2,250 Accrued expenses payable3,730 Income taxes payable2,500 Unearned rent revenue480 Contributed capital (800 shares)3,660 Retained earnings4,400 Sales revenue37,250 Interest revenue190 Rent revenue620 Wages expense18,800 Depreciation expense1,740 Utilities expense360 Insurance expense760 Rent expense9,430 Income tax expense2,790 Total$57,890$57,8901.Prepare a classified balance sheet at December 31, 2012. (Be sure to list the assets and liabilities in order of their liquidity. Omit the “$” sign in your response.)Romneys Marketing Company has the following adjusted trial balance at December 31, 2012. No dividends were declared. However, 500 shares issued at the end of the year for $3,000 are included below:Prepare a classified balance sheet at December 31, 2012. (Be sure to list the assets and liabilities in order of their liquidity. Omit the “$” sign in your response.)