The accountant for Travis Corporation prepared the following list of account bal

The accountant for Travis Corporation prepared the following list of account balances from the companys records for the year ended December 31 2012:Sales revenue 165000 Cash 30000Accounts receivable 14000 Selling expenses 40000Equipment net 42000 Common stock 41000Accounts payable 12000 Interest income 3000Salaries & wages expense 40000 Cost of Sales 51000Inventories 22000 Prepaid expenses 2000Income taxes payable 5000 Income taxes expense 18000Notes payable due 2014 20000 Retained earnings 32000Required:Prepare a classified balance sheet for Travis Corporation in good form