Goodwill (Note 2) $ 124,920 Buildings (Note 1) 1,640,000 Inventory 317,020 Land 950,000 Accounts receivable 174,920 Treasury stock (50,000 shares) 91,920 Cash on hand 180,820 Assets allocated to trustee for plant expansion Cash in bank 74,920 Debt investments (held-to-maturity) 142,920 $ 3,697,440 Equities Notes payable (Note 3) $ 604,920 Common stock, authorized and issued, 1,000,000 shares, no par 1,154,920 Retained earnings 807,920 Noncontrolling interest 59,920 Appreciation capital (Note 1) 574,920 Income tax payable 79,920 Reserve for depreciation recorded to date on the building 414,920 $ 3,697,440 Note 1: Buildings are stated at cost, except for one building that was recorded at appraised value. The excess of appraisal value over cost was $ 574,920. Depreciation has been recorded based on cost. Note 2: Goodwill in the amount of $ 124,920 was recognized because the company believed that book value was not an accurate representation of the fair value of the company. The gain of $ 124,920 was credited to Retained Earnings. Note 3: Notes payable are long-term except for the current installment due of $ 100,000. Prepare a corrected classified balance sheet in good form. The notes above are for information only. (List Current Assets in order of liquidity.)