Cullumber Company has decided to expand its operations. The bookkeeper recently completed the followine balance sheet in order to obtain additional funds for expansion CULLUMBER COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets $239.500 319.500 410.500 149.500 579,500 169.500 184,500 89.500 99.500 21,500 Accounts receivable Inel! Inventory (lower of average cost or market! Equity investments marketable) at cost (fair value $129.500) Property, plant, and equipment Buildings (net) Equipment (net Land held for future use Intangible assets Goodwill Cash surrender value of life insurance Prepaid expenses Current liabilities Accounts payable Notrs payable (due next year) Pension obligation Rent payable Premium on bonds payable Long-term liabilities Bonds payable Stockholders' equily Common stock, $100 par, authorized 400,000 shares, issued 299,500 Additional paid-in capital Retained carnings 144.500 134,500 91.500 53,500 62.500 509.500 299.500 169.500 ? Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $169,500 and for the equipment. $114,500. The allowance for doubtful accounts has a balance of $26,500. The pension abiligation is considered a long-term liability. (List Current Assets in order of quidity. List Property. Plant and Equipment in order of Buildings and Equipment Enter account name only and do not provide the descriptive Information provided in the question.) Po be streal in line wildlabe in ce malis. Assume la tine cumulativer Lins incikling is 3169.500 el fin Ilve spinal, $114,500. Tim wilawati lica tkailululets.unta fins a lando en el 528,500. Tine protein daligalit at luni a koralow lindilly Lat Comert esets in cedir af livet Plane and Equipment in order of Building and Enerit. Enter cunt nomearly and do not provide the descrive information provides the question 02:22:02 Ha CULLUMBER COMPANY Bila Sul Assets Liabilities and Stockholders' Equity $ $ 7 $ 7 $ Save for Later