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Land $196,500 Accounts receivable 22,100 Supplies 10,200 Cash 12,000 Equipment 82,000 Buildings 261,200 Land improvements 46,350 Notes receivable (due in 2023) 5,300 Accumulated depreciation-land improvements

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Land $196,500 Accounts receivable 22,100 Supplies 10,200 Cash 12,000 Equipment 82,000 Buildings 261,200 Land improvements 46,350 Notes receivable (due in 2023) 5,300 Accumulated depreciation-land improvements 13,300 Common stock 73,500 Retained earnings (December 31, 2022) 511,000 Accumulated depreciation-buildings 33,000 Accounts payable 9,900 Mortgage payable 80,650 Accumulated depreciation-equipment 18.700 Interest payable 3,900 Income taxes payable 15.100 Patents 46.600 Patents 46,600 Investments in stock (long-term) 72,800 Debt investments (short-term) 4,000 Prepare a classified balance sheet. Assume that $10,200 of the mortgage payable will be paid in 2023. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings, Equipment and Land Improvements.) SUNLAND COMPANY Balance Sheet (in millions) Assets MacBook Air DOR

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