The following information is available for Mullen Company for the year ended December 31, 2014: 
Instructions
Use the above information to prepare a classified balance sheet for the year ended December 31, 2014.
Definitions:
Profit Sharing Plan
A company program that gives employees a share in the profits, incentivizing performance and aligning their interests with the company's success.
Job Specialization
The process of focusing one's occupational concentration on a specific area of expertise, improving efficiency and proficiency.
Task Specialization
The process of focusing individual or group efforts on a narrowly defined aspect of a job to increase efficiency and expertise.
Work Repetitive
Tasks or jobs that involve performing the same functions or processes over and over again, often leading to monotony.
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