Balance Sheet preparation. Use the appropriate items from the following list to prepare in good form M's Baked Goods balance sheet at December 31, 2015

ITEM Value($000) at 12/31/2015 ITEM VALUE

ACCTS. PAYABLE $ 220 INVENTORIES $ 375

ACCT'S RECEIVABLE 450 LAND 100

ACCRUALS 55 LONG-TERM DEBT 420

ACCUM. DEPREC 265 MACHINERY 420

BUILDINGS 225 MARKETABLE SECURITIES 75

CASH 215 NOTES PAYABLE 475

COMMON STOCK(At par) 90 PAID-IN CAPITAL IN EXCESS

COGS 2,500 OF PAR 360

DEPRC. EXPENSE 45 PREFERRED STOCK 100

EQUIPTMENT 140 RETAINED EARNINGS 210

FURNITURE/FIXTURES 170 SALES REVENUE 3,600

GENERAL EXPENSES 320 VEHICLES 25