1. The following information was obtained from the accounts of Arshdeep Inc as of December 31, 2019: Common stock, authorized 21,000 shares at $1 Per value, issued 10,000 shares $10,000 Additional paid in capital $38,000 Cash $13,000 Marketable securities $17,000 Accounts receivable $26,000 Accounts payable $15,000 Current maturity and long term debt $11,000 Mortgages payable $80,000 Bonds payable $70,000 Inventory $30,000 Land and buildings $57,000 Machinery and equipment $125,000 Goodwill $8,000 Patents $10,000 Other assets $50,000 Deferred income taxes (long term liability) $18,000 Retained earnings $33,000 Accumulated depreciation $61,000 Required: Prepare a balance sheet in report form (8 marks) Prepare a balance sheet in report form (8 marks)