Hical terminolog... Q Med Term Mid ler... - 76 Question 9 of 9 > > > > Liabilities and Stockholders' Equity minolog... Q Med Term Mid Ter... C Expert Q& Question 9 of 9 - 76 View Policies Current Attempt in Progress Presented below are a number of balance sheet items for Sheridan, Inc. for the current year, 2020. Goodwill $ 127,010 Accumulated Depreciation-Equipment $ 292,380 Payroll Taxes Payable 179,601 Inventory 241,810 Bonds payable 302,010 Rent payable (short-term) 47,010 Discount on bonds payable 15,380 Income taxes payable 100,372 Cash 362.010 Rent payable (long-term) 482,010 Land 482.010 Common stock, $1 par value 202.010 Notes receivable 447.710 Preferred stock, $10 par value 152.010 Notes payable (to banks) 267,010 Prepaid expenses 89.930 Accounts payable 492,010 Equipment 1,472,010 Retained earnings ? Debt investments (trading) 123.010 Income taxes receivable 99,640 Accumulated Depreciation Buildings 270.580 Notes payable (long-term) 1,602,010 Buildings 1.642.010 Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment) SHERIDAN, INC. Balance Sheet Assets