1) Create a classified balance sheet in good form. Portland Merchantile December 31, 20XX Cash Accounts Receivable Inventory Allowance for Doubtful Accounts Common Stock (par value $1.00) Wages Payable Taxes Payable Land Note Payable - Current Portion Additional Paid-In Capital Building Less Accumulated Depreciation - Building Customer Product Prepayments Office Supplies Revenue Equity Investment, Sun Company Cost of Goods Sold Retained Earnings Long-Term Bond Investments Goodwill Accrued Interest on Notes Payable Accounts Payable Long-Term Bonds Payable Note Payable - Long-Term Portion Treasury Stock Trademarks Accumulated Other Comprehensive Income Equity Attributable to Noncontrolling Interest, Sun Company $ 89,520 456,874 547,836 35,691 6,589,417 158,623 68,741 489,632 45,200 15,632,478 5,897,231 369,852 220,695 25,631 58,987,456 17,256,362 27,895,222 1,250,000 10,250,654 236,850 425,653 2,569,874 456,328 144,500 3,698,451 69,871 156,231