Data Table 15,600 353,000 Interest expense ...... .........$ Property, plant and equipment, net....... Common stock, $1 par, 600,000 shares authorized, Cash ..........$ Accounts receivable, net....... Paid-in capital in excess of parcommon ..... Accrued liabilities Long-term note payable Inventory Dividends payable. Retained earnings. Accounts payable ... 52,000 24,000 22,000 29,000 95,000 94,000 5,000 ? 117,000 shares issued 117,000 18,000 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepaid expenses... Common stockholders' equity, December 31, 2017 ................. 132.000 Net income ......................... 222,000 71,000 496,000 Trademarks, net ....... Tadelllal NS, TEL......................... 11,000 13,000 Goodwill Total assets, December 31, 2017 .......... Treasury stock, 21,000 shares at cost Net sales ........................... 35,000 850,000 The following accounts and related balances of Cardinal Designers, Inc., as of December 31, 2018, are arranged in no particular order: (Click the icon to view the account information.) Read the requirements. Requirement 1. Prepare Cardinal's classified balance sheet in the account format at December 31, 2018. Start by completing the Assets section of the statement, and then prepare the Liabilities and Stockholders' Equity sections of the statement. (Classify the balance by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part complete the liabili and stockholders' equity section of the balance sheet. Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Cardinal Designers, Inc. Balance Sheet December 31, 2018 Assets Liabilities Current assets: Cash $ Accounts receivable, net 52,000 24,000 94,000 18,000 Inventory Prepaid expenses Total current assets Property, plant and equipment, net Intangible assets: Goodwill 188,000 353,000 Current liabilities: Accounts payable $ 132,000 Accrued liabilities 29,000 Dividends payable 5,000 Total current liabilities 166,000 Long-term note payable 95,000 Total liabilities 261,000 Stockholders' Equity Common stock, 1.00 par, 600,000 shares authorized 117,000 shares issued shares outstandi... 117,000 Paid-in capital in excess of par-common 22,000 Retained earnings Less: Treasury stock, common 21,000 shares at cost (35,000) 13,000 11,000 Trademarks, net 21,000 Total stockholders' equity $ 565,000 Total assets $ 565,000 Total liabilities and stockholders' equity