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INDIGO Co. Balance Sheet December 31, 2025 Assets Current Assets Buildings Accounts Receivable Prepaid Insurance Total Current Liabilities $ Property, Plant, and Equipment Land Buildings
INDIGO Co. Balance Sheet December 31, 2025 Assets Current Assets Buildings Accounts Receivable Prepaid Insurance Total Current Liabilities $ Property, Plant, and Equipment Land Buildings Less : Accumulated Depreciation-Buildings Equipment Less Accumulated Depreciation-Equipment Total Property, Plant, and Equipment Total Assets Total Assets Accounts Payable Notes Payable Interest Payable Total Current Liabilities Long-Term Liabilities Notes Payable Total Liabilities Stockholders' Equity Common Stock Retained Earnings $126960 \begin{tabular}{|l|l|} \hline (54720) & i \\ \hline \end{tabular} 98880 \begin{tabular}{|r|r|} \hline (22464) & i \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current Liabilities Your answer is partially correct. These items are taken from the financial statements of Indigo Co. at December 31, 2025. Prepare a classified balance sheet. Assume that $16,320 of the note payable will be paid in 2026. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment.)
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