These items are taken from the financial statements of windsor, inc. at december 31, 2017.buildings$97,336accounts receivable11,592prepaid insurance2,944cash10,893equipment75 ,808land56,304insurance expense718depreciation expense4,876interest expense2,392common stock55,200retained earnings (january 1, 2017)36,801accumulated depreciation—buildings41,952account s payable8,740notes payable86,112accumulated depreciation—equipment17,222interes t payable3,312service revenue13,524prepare a classified balance sheet. assume that $12,512 of the note payable will be paid in 2018. (list current assets in order of liquidity and property plant and equipment in order of land, buildings and equipment.)

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)