link company has decided to expand its operation. The bookkeeper recently completed the following balanced sheet in order to obtain additional funds for expansion.

Flint Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion. Held-to maturity debt investment Prepaid expenses 95,500 Current liabilities Accounts payable 17,500 Notes payable (due next year) Pension obligation Rent payable 140,500 Premium on bonds payable 130,500 Long-term liabilities Bonds payable 87,500 Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 295,500295,500 Paid-in capital in excess of par 165,500 Retained earnings ? Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $165,500 and for the equipment, $110,500. The allowance for doubtful accounts has a balance of $22,500. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Buildings and Equipment. Enter account nome only and do not provide the descriptive information provided in the question.) Prepaid Expenses Total Current Assets Long-term Irvestments Lind Cash Surrender Value of Life Insurance Question 3 of 3 Liabilities and Stockholders' Equity 5 Question 3 of 3 .120 eTextbook and Media List of Accounts