Balance sheets of two companies are given below    

Assets Cash Accounts receivable Interest receivable Prepaid insurance Supplies Equipment Less: Accumulated depr. Winter Company Balance Sheet September 30, 2020 Investments Notes receivables Patents Total assets Liabilities Accounts payable Salaries & wages payable Unearned revenue Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity $ 26,000 $ 2,820 1,584 750 $2,000 62,846 $ 62,500 1,620 480 600 800 26,000 10,000 6,000 12,000 $120,000 $ 5,154 114,846 Total liabilities and stockholders' equit $120,000 Notes: The note receivable is due in 3 years. Investments are intended to be held for more than 1 year. Assets Levana Inc. Balance Sheet September 30, 2020 Cash Accounts receivable Prepaid rent Prepaid insurance Supplies Investments Company vehicle Less: Accumulated depreciation Equipment Less: Accumulated depreciation Total assets Liabilities Accounts payable Salaries & wages payable Interest payable Notes payable (due in 8 months) Bank loan Total liabilities Stockholders' Equity Common stock $42,000 37,580 110,320 100,850 $ 7,280 600 6,560 14,000 50,000 13,000 Retained earnings 28,560 Total liabilities and stockholders' equity $ 18,610 62,000 12,000 Required: 1.) Prepare a classified balance sheet for each company. 2.) Identify at least one concern regarding each company. 3.) Select the company in which you would invest. Detail the reasoning behind your choice. 5,900 2,600 5,000 4,420 9,470 $120,000 $ 78,440 41,560 $120,000 Notes: - The prepaid rent balance represents prepayment for 3 months. The prepaid insurance policy is for 10 months. Investments are in short-term US gov. bonds. The notes payable is due in 8 months. The interest payable is due in 1 month. The bank loan is due in 5 years