ES-12 (Preparation of a Balance Sheet) Presented below is the trial balance of Scott Butler Corporation December 31, 2014. Credit Debit $ 197,000 Cash Sales Revenue Debt Investments (trading) (at cost, $145,000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory Gain (extraordinary) Notes Payable (long-term) 8,100,000 153,000 4,800,000 299,000 277,000 90,000 455,000 2,000,000 63,000 260,000 1,040,000 136,000 96,000 435,000 152,000 25,000 900,000 211,000 597,000 80,000 900,000 600,000 Bonds Payable Accumulated Depreciation-Equipment Franchises Common Stock ($5 par) Treasury Stock Patents Retained Earnings Paid-in Capital in Excess of Par 1,000,000 60,000 160,000 1,000,000 191,000 195,000 78,000 80,000 $12,315,000 $12,315,000 Totals Instructions Prepare a balance sheet at December 31, 2014, for Scott Butler Corporation. Ignore income taxes.) 5 E5-13 (Statement of Cash Flows-Classifisatione T