Required: Prepare a classified balance sheet for the Valley Pump Corporation at December 31, 2021. Use the additional information to help determine appropriate classifications and account balances. Presented next are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021. Account Title Credits Cash Accounts receivable Raw materials Notes receivable Interest receivable Interest payable Investment in debt securities Land Buildings Accumulated depreciation-buildings Work in process Finished goods Equipment Accumulated depreciation-equipment Patent (net) Prepaid rent (for the next two years) Deferred revenue (next 12 months) Accounts payable Notes payable Restricted cash (for payment of notes payable) Allowance for uncollectible accounts Sales revenue Cost of goods sold Rent expense Debits $ 20,000 130,000 24,000 100,000 3,000 32,000 50,000 1,300,000 42,000 89,000 300,000 120,000 60,000 80,000 450,000 28,000 $ 5,000 620,000 130,000 36,000 180,000 400,000 13,000 800,000