3 Presented below is the Balance Sheet of Surgent Corp. for the year, 2020 Surgent Corporation Trial Balance For the Year Ending on December 31, 2020 Debit Credit Accounts Payable Accounts Receivable Accumulated Depreciation - Building Accumulated Depreciation - Equipment 140,000 170,000 360,000 180,000 Additional paid in capital Allowance for Doubtful Accounts Bond Sinking Fund 900,000 10,000 250,000 Bonds Payable (7%, due 2028) 1,000,000 Buildings 1,040,000 Cash 150,000 Cash Surrender Value of Life Insurance 40,000 Common stock, $1 par, 400,000 shares authorized, 100,000 issued 100,000 Discounts on Bonds Payable 40,000 Equipment 450,000 Franchise 165,000 Goodwill 100,000 Income taxes payable 40,000 Inventories 180,000 Investment in Common Stock (Long term) 270,000 Investment in Common Stock (Short) 80,000 Land 500,000 Land held for future use 270,000 Notes payable (long term) 120,000 Notes payable (short term) 80,000 Preferred stock, no par, 200,000 shares authorized, 70,000 Issued 450,000 Retained earnings Unearned Rent Revenue 320,000 5,000 3,705,000 3,705,000 aff accountant at Sargent Corporation, you were asked to pare a balance sheet as of December 31, 2020 Unearned Rent Revenue As a staff accountant at Sargent Corporation, you were asked to: a. Prepare a balance sheet as of December 31, 2020 3,705,0