Fall 2022 ACCT 300B INTERMEDIATE ACCOUNTING 1 Homework #4 due on Thursday, September 29, 2022 AT 9:30 am Given below are selected account balances of Equity Corporation for the fiscal year ended December 31, 2021. You are required to prepare a balance sheet in report (good) form for the company as at December 31, 2021. All accounts have normal balances and are in thousands of U.S.$ Equipment 300,000 Accum. Depreciation - Equip 20,000 Interest Payable 6,500 Retained Earnings 12/31/2021 496,500 Land 280,000 Accounts Receivable 70,000 Bonds Payable (Mature in 2028) 45,000 Notes Payable (due in 8 months) 30,000 Common Stock 350,000 Preferred Stock 200,000 Prepaid Advertising 18,000 Buildings 400,000 Accum. Depreciation - Building 80,000 Supplies 24,000 Inventories 60,000 Income Taxes Payable 10,500 Salaries and Wages Payable 33,500 Cash 65,000 Goodwill 25,000 Trademarks 30,000