I have everything correct except these 4. I would like to know what is wrong with the given choices and what the correct ones are and why. From my understanding of the material and what I have looked at online after I have gone over the material again. Everything points at those being the correct answers.

The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant. In reviewing the statement you notice several errors. $ LOS GATOS CORPORATION Balance Sheet At December 31, 2021 Assets Cash Accounts receivable Inventory Machinery (net) Franchise (net) Total assets Liabilities and Shareholders' Equity Accounts payable Allowance for uncollectible accounts Notes payable Bonds payable Shareholders' equity Total liabilities and shareholders' equity 46,000 89,000 58,000 123,000 33,000 349,000 $ 56,000 8,000 61,000 113,000 111,000 349,000 $ Additional Information: 1. Cash includes a $23,000 restricted amount to be used for repayment of the bonds payable in 2025. 2. The cost of the machinery is $196,000. 3. Accounts receivable includes a $23,000 notes receivable from a customer due in 2024. 4. The notes payable balance includes accrued interest of $8,000. Principal and interest are both due on February 1, 2022. 5. The company began operations in 2016. Net income less dividends since inception of the company totals $38,000. 6.53,000 shares of no par common stock were issued in 2016. 100,000 shares are authorized. Required: Prepare a corrected, classified balance sheet. Use the additional information to help determine appropriate classifications and account balances. The cost of machinery and its accumulated depreciation are shown separately. (Amounts to be deducted should be indicated by a minus sign.) LOS GATOS CORPORATION Balance Sheet At December 31, 2021 Assets Current assets: Cash Accounts receivable $ Inventory Net accounts receivable > 23,000 $ 58,000 $ 58,000 116,000 139,000 Total current assets Investments: Bonds payable Notes receivable X $ 23,000 23,000 46,000 Total investments Property, plant, and equipment: Machinery Accumulated depreciation Net property, plant, and equipment Intangible assets: Franchise (net) 196,000 (73,000) 123,000 33,000 Total assets $ 341,000 Liabilities and Shareholders' Equity $ Current liabilities: Accounts payable Interest payable Notes payable O 56,000 8,000 53,000