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From the following data, prepare a classified balance sheet for Taylorsville Construction Company on December 31, 2017: Accounts payable $ 74,300 Supplies .. $ 4,250

From the following data, prepare a classified balance sheet for Taylorsville Construction Company on December 31, 2017: Accounts payable $ 74,300 Supplies .. $ 4,250 Accounts receivable . 113,500 Land .. 90,000 Buildings 512,000 Mortgage payable .. 423,400 Equity, 1/1/17 . 314,300 Net income for 2017 .. 109,450 Cash . 153,600 Equity, 12/31/17 . ? Distributions to owners during 2017 .. 48,100

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