CULVER COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash $242,500 Accounts receivable (net) 352,500 Inventory (lower-of-average-cost-or-market) 413,500 Equity investments (marketable)-at cost (fair value $132,500) 152,500 Property, plant, and equipment Buildings (net) Equipment (net) 582,500 172,500 187,500 Land held for future use Intangible assets Goodwill 92,500 Cash surrender value of life insurance 102,500 Prepaid expenses 24,500 Current liabilities Accounts payable 147,500 Notes payable (due next year) 137,500 Pension obligation 94,500 Rent payable 61,500 Premium on bonds payable 65,500 Long-term liabilities Bonds payable 512,500 Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 302,500 302,500 Additional paid-in capital 172,500 Retained earnings ? Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $172,500 and for the equipment, $117,500. The allowance for doubtful accounts has a balance of $29,500. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. 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.)