Jaez Corporation is in the process of going through a reorganization. As of December 31, 2020, the companys accountant has determined the following information although the company is still several months away from emerging from the bankruptcy proceeding.

	Book Value			Fair Value
Assets
Cash	$	47,000		$	47,000
Inventory		69,000			71,000
Land		212,000			264,000
Buildings		244,000			284,000
Equipment		178,000			181,000

	Allowed Claims			Expected Settlement
Liabilities as of the date of the order for relief
Accounts payable	$	147,000		$	44,000
Accrued expenses		54,000			28,000
Income taxes payable		46,000			42,000
Note payable (due 2023, secured by land)		124,000			124,000
Note payable (due 2025)		194,000			104,000
Liabilities since the date of the order for relief
Accounts payable	$	84,000
Note payable (due 2022)		134,000
Stockholders' equity
Common stock	$	224,000
Deficit		(257,000	)

Prepare the balance sheet for Jaez Corporation. (Negative amounts should be indicated by a minus sign.)