Additional information: 1. The $126,000 balance in the land account consists of $103,000 for the cost of land where the plant and office bulidings are located. The remaining $23,000 represents the cost of land being held for speculation. 2. The $50,000 balance in the investment in equity secutities account represents an investment in the common stock of another corporation. Valley intends to sell one-half of the stock within the next year. 3. The notes payable account consists of a $106,000 note due in six months and a $159,000 note due in three annual instailments of $53,000 eoch, with the first payment due in August of 2025 . Prepare a classified balance sheot for the Valley Pump Corporation at December 31, 2024. Use the additional information to heip. Required: determine appropriate classifications ond occount balances