ints eBook LOS GATOS CORPORATION Balance Sheet At December 31, 2018 Assets Cash Accounts receivable Inventories Machinery (net) Franchise (net) Total assets Liabilities and Shareholders' Equity Accounts payable Allowance for uncollectible accounts Note payable Bonds payable Shareholders' equity Total liabilities and shareholders' equity $ 40,000 80,000 55,000 120,000 30,000 $325,000 Hint ib $ 50,000 5,000 55,000 110,000 105,000 $325,000 Print ences Additional information: 1. Cash includes a $20,000 restricted amount to be used for repayment of the bonds payable in 2. The cost of the machinery is $190,000. 3. Accounts receivable includes a $20,000 note receivable from a customer due in 2021. 4. The note payable includes accrued interest of $5,000. Principal and interest are both due on 5. The company began operations in 2013. Income less dividends since inception of the compan 6. 50,000 shares of no par common stock were issued in 2013. 100,000 shares are authorized. Required: Prepare a corrected, classified balance sheet. (Amounts to be deducted should be indicated by