Goodwill (Note 2) Buildings (Note 1) Inventory Land BALANCE SHEET DECEMBER 31, 2025 Assets Accounts receivable Treasury stock (50,000 shares) Cash on hand Assets allocated to trustee for plant expansion Cash in bank Debt investments (held-to-maturity) Equities $203,400 2,260,000 219,900 615,600 299,400 71,900 138,000 53,400 139,400 $4,001,000 Notes payable (Note 3) $803,400 Common stock, authorized and issued, 100,000 shares, no par 653,400 Retained earnings 1,280,000 Appreciation capital (Note 1) 428,400 Income tax payable 122,400 Reserve for depreciation recorded to date on the building 713,400 $4,001,000 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 $428,400. Depreciation has been recorded based on cost. Note 2: Goodwill in the amount of $203,400 was recognized because the company believed that book value was not an accurate representation of the fair value of the company. The gain of $203,400 was credited to Retained Earnings. Note 3: Notes payable are long-term except for the current installment due of $125,000. Prepare a corrected classified balance sheet in good form. The notes above are for information only. (List Current Assets in order of arty Plant, and Equipment in order of Land and Buildings Enter account name only and do not provide the descriptive