Midway, Inc.
		December 31, 2014
Goodwill	128,730		Accumulated Depreciation-Equipment	292,200
Payroll Taxes Payable	181,321		Inventory	243,530
Bonds payable	303,730		Rent payable (short-term)	48,730
Discount on bonds payable	15,200		Income taxes payable	102,092
Cash	363,730		Rent payable (long-term)	483,730
Land	483,730		Common stock, $1 par value	203,730
Notes receivable	449,430		Preferred stock, $10 par value	153,730
Notes payable (to banks)	268,730		Prepaid expenses	91,650
Accounts payable	493,730		Equipment	1,473,730
Retained earnings	?		Debt investments (trading)	124,730
Income taxes receivable	101,360		Accumulated Depreciation-Buildings	270,400
Notes payable (long-term)	1,603,730		Buildings	1,643,730
Prepare a classified balance sheet in good form. Assume that notes receivable and notes payable are
short-term, unless stated otherwise. Cost and fair value of equity investments (trading) are the same.