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An inexperienced accounting intern prepared the following December 31, 2020 Balance Sheet for Scan House, Inc. Scan House, Inc. Collection of Balances for Year ended

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An inexperienced accounting intern prepared the following December 31, 2020 Balance Sheet for Scan House, Inc. Scan House, Inc. Collection of Balances for Year ended 12/31/20 Other assets Property, plant, and equipment Long term investments Intangible asset Current assets 13,600 Longtem liabilities 123.500 Current liabilities 13,600 Contributed capital 7.700 Unrealized capital 44.900 Retained earnings 24,100 EG.GOO 17,000 22.500 72.500 Total assets 202.700 Total equities 202.X The following information is also available: 1. Current assets include cash, $3,800; accounts receivable, $18,500; notes receivable (maturity date July 1, 2025), $10,000; and land, $12,000. 2. Long-term investments include a $4,600 investment in available-for-sale securities that are expected to be sold in 2021 and a $9,000 investment in Dray Company bonds that are expected to be held until their December 31, 2023, maturity date. 3. Property, plant, and equipment include buildings costing $63,400, inventory costing $30,500, and equipment costine $29,600. 4. Intangible assets include patents that cost $8,200 (and on which $2,300 amortization has accumulated) and treasury stock that cost $1,800 5. Other assets include prepaid insurance (which expires on November 30, 2021), $2,900; sinking fund for bond retirement, $7,000, and trademarks that cost $3,700 and are not impaired. 6. Current liabilities include accounts payable, $19,400; bonds payable (maturity date December 31, 2025], $40,000; and accrued income taxes payable, $7,200. 7. Long-term liabilities include accrued wages, $4,100; and mortgage payable (which is due in five equal annual payments starting December 31, 2021), $20,000. 8. Contributed capital includes common stock ($5 par). $11,000, authorized 20,000, issued 2,200, outstanding 2.150; and preferred stock ($100 par), $6,000, authorized 100, issued and outstanding 60 9. Unrealized capital includes premium on bonds payable, $4,300; additional paid-in capital on preferred stock, $2,400, and additional paid-in capital on common stock, $15,800 10. Retained earnings include unrestricted retained earnings, $37,800; allowance for doubtful accounts, 5700; and accumulated depreciation on buildings and equipment of $21,000 and $13,000, respectively. Required: Based on the above information, prepare a properly classified December 31, 2020, balance sheet for Scan House, Inc

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