NMENT RESOURCES 12 - Spring 2020) Exercise 5-5 Grouper Company has decided to expand its operations. The bookler recently completed the balance she presented below order to enlands BALANCE SHEET FOR THE YEAR ENDED 2017 Current assets 283,000 Results by Study Accounts receivable (net) Inventory lower-of-average-coton market) Equity investments (trading-etcost air value $123,000) Property, plant, and upment Buildings (net) Equipment (net) Landheld for ture use Intangible assets 163,000 15,000 120.000 Cash surrender value of insurance Prepaid expenses Current liabilities Accounts payable Notes payable (due next year) Pension ob gation Rent payable Premium on bonds payable Long-term basties Bonds payable Stockholders' equity Common stock, 51.00 par, authorized 400,000 shares, issued 293,000 Additional paid in capital 52.000 56,000 502.000 293,000 163,000 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $163,000 and for the woment. 10.000. The lowance for doubcul accounts has a balance of $20,000. The pension gation is considered a long-term lability (List Current Assets in order of quality. List Property, plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)