Cullumber Company has decided to expand its operations. The bookkeeper recently completed the following bala CULLUMBER COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash $239,500 Accounts receivable (net) 349.500 Inventory (lower-of-average-cost-or-market) 410,500 Equity investments (marketable)-at cost (fair value $129,500) 149,500 Property, plant, and equipment Buildings (net) 579,500 Equipment (net) 169.500 Land held for future use 184,500 Intangible assets Goodwill 89.500 Cash surrender value of life insurance 99,500 Prepaid expenses 21,500 Current liabilities Accounts payable 144,500 Notes payable (due next year) 134,500 Pension obligation 91,500 Rent payable 58,500 Premium on bonds payable 62.500 Long-term liabilities Bonds payable 509,500 Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 299,500 299,500 Additional paid-in capital 169,500 Retained earnings ?nS abi Propane a newhood balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings # 5169,500 and for the equipment, $114.500. The allowance for doubtful and Exspent is woer of Boldinge and Exdement Enter account more only and do not provide the descriptive Information provided in the question) CULLUMBER COMPANY Assets