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E P 3.1 The following information was obtained from the accounts of Arlines dated December 31, 2012. It is presented in alphabetical order. Accounts payable

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E P 3.1 The following information was obtained from the accounts of Arlines dated December 31, 2012. It is presented in alphabetical order. Accounts payable $ 77,916 Accounts receivable 67,551 Accrued expenses 23,952 Accumulated depreciation 220,541 Allowance for doubtful accounts 248 Capital in excess of par 72,913 Cash 28,837 Common stock (par $0.50, authorized 20,000 shares, issued 14,304 shares) 7,152 Current installments of long-term debt 36,875 Deferred income tax liability (long term) 42,070 Inventory 16,643 Investments and special funds 11,901 Long-term debt, less current portion 393,808 Marketable securities 10,042 Other assets 727 Prepaid expenses 3,963 Property, plant, and equipment at cost 809,980 Retained eaming 67.361 Unlearned transportation revenue fairline tickets expiring within one year) Required Prepare a classified balance sheet in report form. enf Lukes, Inc, as of 6,808 a

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