Debits	Credits
Cash	22,500
Investments	55,000
Accounts receivable	30,000
Allowance for uncollectible accounts		7,500
Prepaid insurance	4,500
Inventories	100,000
Land	45,000
Buildings	140,000
Accumulated depreciation buildings		50,000
Equipment	132,500
Accumulated depreciation equipment		30,000
Patents (unamortized balance)	5,000
Accounts payable		37,500
Notes payable, due 2021		65,000
Interest payable		10,000
Bonds payable, due 2033		120,000
Ordinary share capital, no par, 20,000 shares authorized, issued and outstanding		150,000
Retained earnings		64,500
Totals	534,500	534,500

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Prepare a classified statement of financial position for Libby Company at December 31, 2020