Hello, I need help with the bottom three parts. Help would be greatly appreciated!

Part 1: Prepare a Classified Balance Sheet based on the following information

The adjusted trial balance of Jordan Contracting and other related information for the year 2015 is presented below.

Adjusted Trial Balance
December 31, 2015
	Debits	Credits
Cash	$20,500
Accounts Receivable	81,750
Allowance for Doubtful Accounts		$4,350
Prepaid Insurance	2,950
Inventory	154,250
Long-term Investments	169,500
Land	42,500
Construction Work in Progress	62,000
Patents	18,000
Equipment	200,000
Accumulated Depreciation of Equipment		70,000
Unamortized Discount on Bonds Payable	10,000
Accounts Payable		74,000
Accrued Expenses		24,600
Notes Payable		47,000
Bonds Payable		200,000
Capital Stock		250,000
Premium on Capital Stock		22,500
Retained Earnings		69,000
	$761,450	$761,450

Additional Information

1.The LIFO method of inventory valuation is used.

2.The cost and fair value of the long-term investments consisting of stock and bonds is the same.

3.The amount of Construction Work in Progress account represents the costs expended to date on a building in the process of being constructed. The land on which the building sits cost $42,500.

4.The patents were purchased at a cost of $10,000 and are being amortized on a straight-line basis.

5.$1,000 of the unamortized discount on bonds payable will be amortized in 2016.

6.The notes payable are bank loans secured by long-term investments with a fair value of $60,000. The bank loans will mature in 2016.

7.The bonds payable have an interest rate of 11%. Interest is payable each December 31, and the bonds mature January 1, 2019.

8.600,000 shares of $1 par value common stock are authorized and 250,000 shares have been issued and are outstanding.

Part 2:

Compute the revenue to be recognized in fiscal year 2015 for the operating divension mentioned below. Show calculations.

Madoff Securities

Madoff Securities uses manufacturers agents who forward orders for alarm systems and the down payments. Madoff then ships their products from the factory to customers directly. The balance due is then billed directly to the customer, including shipping costs. Orders for $3,000,000 were received during the fiscal year ending November 30, 2015. Madoff received $300,000 in down payments; they billed $2,600,000 for goods and $50,000 in freight costs. Manufactures agents are paid a 10% commission on product price once goods are shipped to the customer. Madoff offers a 90-day warranty on goods after shipment, and the returns have been about 1% of sales. Revenue is recognized at the point of sale by this division.

Part 3:

Federal Corp. had 750 units of part B467 on hand May 1, 2015, costing $10.50 each. Purchases of part B467 during May were as follows.

Units Unit Cost

May 9 1,000 $11.00

17 1,750 11.50

26 500 12.00

A physical count on May 31, 2015, shows 1,050 units of part B467 on hand. Using the LIFO method, what is the cost of part B467 inventory at May 31, 2015?