$230,500 340,500 401,500 140,500 570,500 160,500 175,500 BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash Accounts receivable (net) Inventory (lower-of-average-cost-or-market) Equity investments (marketable) at cost (fair value $120,500) Property, plant, and equipment Buildings (net) Equipment (net) Land held for future use Intangible assets Goodwill Cash surrender value of life insurance Prepaid expenses Current liabilities Accounts payable Notes payable (due next year) Pension obligation Rent payable Premium on bonds payable Long-term liabilities Bonds payable Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 290,500 Additional paid-in capital Retained earnings 80,500 90,500 12,500 135,500 125,500 82,500 49,500 53,500 500,500 290,500 160,500 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $160,500 and for the equipment, $105,500. The allowance for doubtful accounts has a balance of $17,500. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the /courses/71779/assignments/651489?module_item_id=1297461 MARIN COMPANY Balance Sheet For the Year Ended December 31, 2020 Assets Current Assets Cash Equity Investments Accounts Receivable Less : Allowance for Doubtful Accounts Inventory Prepaid Expenses Total Current Assets Property, Plant and Equipment Buildings Equipment Liabilities and Stockholders' Equity