Balance sheet December 31, 2025 Assets Goodwill (Note 2) Buildings (Note 1) Inventory Land Accounts receivable Treasury stock (50,000 shares) Cash on hand Assets allocated to trustee for plant expansion Cash in bank Debt investments (held-to-maturity) Equities Notes payable (Note 3 ) Common stock, authorized and issued, 1,000,000 shares, no par Retained earnings Appreciation capital (Note 1) Income taxes payable Reserve for depreciation recorded to date on the building $123,880 1,640,000 315,980 950,000 173,880 90,880 179,780 73,880 141,880 $3,690,160 Note 1: Buildingss are stated at cost, except for one building that was recorded at appraised value the cesens of appraisal value over cont was 35732880 . Depreciation has been recorded based on cont. Note 2: Goodwill in the amount of $123,880 was recognized because the company believed that book value was not an acciuate representation of the fair value of the conpany The ian of S121 sao was crede Earnings Note 3: Notes pwyable are long term except for the current inutaliment due of $100,000 do not provide che descriptive information provided in the questions) Assets Allocated to Trustee for Plant Expansher: Labilities and Stockholders' Equity Balance sheet December 31, 2025 Assets Goodwill (Note 2) Buildings (Note 1) Inventory Land Accounts receivable Treasury stock (50,000 shares) Cash on hand Assets allocated to trustee for plant expansion Cash in bank Debt investments (held-to-maturity) Equities Notes payable (Note 3 ) Common stock, authorized and issued, 1,000,000 shares, no par Retained earnings Appreciation capital (Note 1) Income taxes payable Reserve for depreciation recorded to date on the building $123,880 1,640,000 315,980 950,000 173,880 90,880 179,780 73,880 141,880 $3,690,160 Note 1: Buildingss are stated at cost, except for one building that was recorded at appraised value the cesens of appraisal value over cont was 35732880 . Depreciation has been recorded based on cont. Note 2: Goodwill in the amount of $123,880 was recognized because the company believed that book value was not an acciuate representation of the fair value of the conpany The ian of S121 sao was crede Earnings Note 3: Notes pwyable are long term except for the current inutaliment due of $100,000 do not provide che descriptive information provided in the questions) Assets Allocated to Trustee for Plant Expansher: Labilities and Stockholders' Equity