Current Attempt in Progress Pina Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion. PINA COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash $232,000 Accounts receivable (net) 342,000 Inventory (lever-of-average-cost-or-market) 403,000 Equity investments (marketable)-at cost (fair value $122,000) 142,000 Property, plant, and equipment Buildings (net) Equipment (net) 572,000 162,000 177,000 Land held for future use Intangible assets Goodwill 82,000 Cash surrender value of life insurance 92,000 Prepaid expenses 14,000 Current liabilities Accounts payable 137,000 Notes payable (due next year) 127,000 Pension obligation 84,000 Rent payable 51,000 Premium on bonds payable: 55,000 Long-term liabilities Bonds payable 502,000 Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 292,000 292,000 Additional paid-in capital 162,000 Retained earnings Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $162,000 and for the equipment, $107,000. The allowance for doubtful accounts has a balance of $19,000. 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.) Current Assets Cash Equity Investments Accounts Receivable Less Allowance for Doubtful Accounts Inventory Prepaid Expenses Total Current Assets PINA COMPANY Balance Sheet December 31, 2020 Assets Long-term Investments Land Held for Future Use Cash Surrender Value of Life Insurance Total Long-term Investments Property, Plant and Equipment Buildings I Less Buildings ed Depreciation-Buildings Equipment Less Accumulated Depreciation-Equipment Total Property, Plant and Equipment Intangible Assets Goodwill Total Assets Current Liabilities Accounts Payable Liabilities and Stockholders' Equity Notes Payable Notes Payable Rent Payable Total Current Liabilities Long-term Liabilities Bonds Payable Add : Premium on Bonds Payable) Pension Obligation Obligation Total Liabilit Pension Obligation Stockholders' Equity Common Stock Additional Paid-in Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity