Flounder Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion. FLOUNDER COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash $234,000 Accounts receivable (net) 344,000 Inventory (lower-of-average-cost-or-market) 405,000 Equity investments (marketable)-at cost (fair value $124,000) 144,000 Property, plant, and equipment Buildings (net) Equipment (net) 574,000 164,000 179,000 Land held for future use Intangible assets Goodwill 84,000 Cash surrender value of life insurance 94,000 Prepaid expenses 16,000 Current liabilities Accounts payable 139,000 Notes payable (due next year) 129,000 Pension obligation 86,000 Rent payable 53,000 Premium on bonds payable 57,000 Long-term liabilities Bonds payable 504,000 Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 294,000 294,000 Additional paid-in capital 164,000 Retained earnings Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $164,000 and for the equipment, $109,000. The allowance for doubtful accounts has a balance of $21,000. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)