1. Presented below is the adjusted trial balance of Winding, Inc. at August 31, 2020:

	Debits	Credits
Cash	$295,000
Sales		$12,150,000
Debt Securities - Trading	200,000
Cost of Goods Sold	7,200,000
Long-term Investments in Bonds	448,000
Long-term Investments in Stocks	416,000
Notes Payable due in April, 2021		135,000
Accounts Payable		682,000
Selling Expenses	3,000,000
Interest Revenue		95,000
Land	390,000
Buildings	1,560,000
Prepaid Rent	30,000
Dividends Payable		204,000
Other Current Liabilities		124,000
Accounts Receivable	652,000
Accumulated DepreciationBuildings		228,000
Allowance for Doubtful Accounts		38,000
Administrative Expenses	1,350,000
Interest Expense	317,000
Inventory Premium on Bonds Payable	895,000	150,000
Gain on Sale of Land		120,000
Notes Payable due in May, 2023		1,200,000
Equipment	900,000
Bonds Payable		1,500,000
Accumulated Depreciation Equipment		90,000
Patent	240,000
Unearned Revenue		20,000
Common Stock ($5 par)		1,500,000
Treasury Stock	287,000
Goodwill	293,000
Retained Earnings		117,000
Paid-in Capital in Excess of Par Value	_________	120,000
Totals	$18,473,000	$18,473,000

Use the form provided to prepare a classified Balance Sheet for Winding, Inc. Ignore income