Balance Sheet Preparation The following is the adjusted trial balance for Unbalanced Company on December 31,2017. Due Thursday, October 4, 2018 Dehits Credits 45,000 Investments 110,000 Accounts receivable Allowance for Uncollectible Accounts 10,000 Inventories 9,000 120,000 400,000 100,000 Prepaid Insurance Land Buildings Equipment Accumulated depreciation Patents (net of amortization) Accounts payable Notes payable Interest payable Bonds payable Discount on bonds payable Common stock Additional paid in capital in excess of par Retained earnings (before closing) Other accumulated comprehensive income (loss) 170,000 10,00070.000 130,000 20,000 40,000 100,000 10,000 15,000 stock, at cost 3,000 100,000 Cash dividends Sales Cost of goods sold Totals 1200,000 1200,000 Additional information: 1. The investment account includes an investment in common stock of another corporation 2. The land account includes land which cost $25,000 that the company has not used and is 3. The cash account includes $15,000 set aside in a fund that is restricted for the repayment 4. The notes payable account consists of the following separate notes: of $30,000 which management intends to hold for at least three years. The remainder of these investments is intended to be sold in the coming year. currently listed for sale. of bonds that mature in 2030 and $23,000 of commercial paper that is due in 30 days. a. a $20,000 note due in six months b. a $60,000 note due in six years c. a $50,000 note due in five annual installments of $10,000 each, with the next installment due February 15, 2018 5. The corporation has 10,000 shares of $10 par value common stock issued. 50,000 shares are authorized and 9,000 shares are outstanding. Required: This assignment should be presented professionally with appropriate S signs and underlining. The accounts have been adjusted but not closed, so you will need to determine the appropriate balance for Retained Earnings 1. Prepare a classified balance sheet for Unbalanced Company at December 31, 2017. 2. Calculate the current ratio and working capital