Atlanta Corporation's balance sheet at March 30,20X4, contained only the following items (arranged here in random order): On March 31,20X4, these transactions and events took place: Purchased merchandise on account, $4,000 Sold at cost for SI,000 cash some furniture that was not needed. Issued additional capital stock for machinery and equipment valued at $12,000. Purchased land for $25,000, of which $5,000 was paid in cash, the remaining being represented by a 5-year note (long-term debt). The building was valued by professional appraisers at $47,000. Prepare in good form a balance sheet for March 31, 20X4, showing supporting computations for all new amounts