The following data, presented in alphabetical order, are taken from the records of Prepare a balance sheet.

Allison Corporation.

instructions Prepare a balance sheet at December 31, 2006.

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Accounts payable Accounts receivable Accumulated depreciation-building Accumulated Allowance for doubtful accounts depreciation-equipment Bonds payable (10%, due 2019) Buildings Cash Common stock ($5 par value; 500,000 shares authorized. 300,000 shares issued) Discount on bonds payable Dividends payable Equipment Goodwill Income taxes payable Investment in Saratoga Inc. stock (30% ownership). at equity Land Merchandise inventory Notes payable (due 2007) Paid-in capital in excess of par value Prepaid insurance Retained earnings Short-term stock investment, at fair value (and cost) $ 280,000 90,000 180,000 52,000 6,000 400,000 900,000 142,000 1,500,000 20,000 50,000 275,000 200,000 120,000 600,000 570,000 170,000 70,000 200,000 16,000 310,000 185,000