Actor, Brees, and Cotswald are forming The ABC Partnership. Actor is transferring $40,000 of personal cash and equipment worth $38,000 to the partnership. Brees owns land worth $27,000 and a small building worth $112,000, which he transfers to the partnership. There is a long-term mortgage of $40,000 on the land and building, which the partnership assumes. Cotswald transfers cash of $10,000, accounts receivable of $54,000, supplies worth $5,000, and equipment worth $28,000 to the partnership. The partnership expects to collect $48,000 of the accounts receivable. Prepare a classified balance sheet for the partnership after the partner's investments on December 31, 2020. (List current assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) THE ABC PARTNERSHIP Balance Sheet Assets