Adtelitional Information:$1.$ Propoid exanyas include $$160\mathrm{.}000$ paid an December $31,2024,$ for three years of rent on the bulking that housesbath the administrative offices and the manufactuning facility$\mathrm{.}2.$ The land account includes land held for speculation which cost $$45,000\mathrm{.}3.$ Irvestments include $$68\mathrm{.}000$ in Treasury bills purchased on November $30,2024,$ The bills mature on January $30,3025.$ The remaining $$110,000$ is an Investment in equity securities$.$ The company intends to sall $30\%$ of their envestment in equity securities in the next year. The balance of this invastment in equity securities is expected to be hold for longer than one year.$$ Deferred ravonue represents customer prepayments special orders, These special orders will be earned evenly over The nevt $24$ monthsS. The notes payable account consists of the following: a a $550\mathrm{.}000$ note due in so months.a a Sy$49\mathrm{.}000$ note duo $7/31/30$c a $595\mathrm{.}000$ note due in sir annual installments of $$16,000$ each, with the first Installment due August $31,2025\mathrm{.}6.$ Total stockholders equ$$ty includes $100,000$ shares of $$2$ par value common stock issued and outstanding. The average issue price of these shares is $$4\mathrm{.}25.$ The remaining balance in stockholders' equity after considering the paid in capill accounts is retained earnings.Require:Prepare a classified balance sheet for XYZ Corporation at December $31,2024.$ Complete the questions on the following page about the balance sheet$1.$ Cash and cash equivalents$2$ Short term investments$3.$ Total current assets$4.$ Total Long term investment section$5.$ Total Property, Plant & Equipment, net$6.$ Total intangibles section$7.$ Tocal other assets section$8.$ Total Current Liablities$9\_$ Total Long$-$term Liabilities$10$ Common Stock$11.$ Paid in capital in excess of par $($APIC$)12$ Retained earningsEdie Fomar Table