Additional information: 1. The $146.000 balance in the land account consists of $113,000 for the cost of land where the plant and office buildings are located. The remaining $33,000 represents the cost of land being held for speculation 2.The $70,000 in the marketable securities 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 $126,000 note due in six months and a $189,000 note due in three annual installments of $63,000 each, with the first payment due in August of 2017 Required: Prepare a classified balance sheet for the Valley Pump Corporation at December 31 2016. (Amounts to be deducted should be indicated by a minus sign.) VALLEY PUMP CORPORATION Balance Sheet At December 31, 2016 0 0 0