obtain additional funds for expansion. $239,000 349,000 410,000 149,000 579,000 169.000 184,000 BLUE COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash Accounts receivable (net) Inventory (lower-of-average cost-or-market) Equity investments (marketable) at cost (fair value $129,000) Property, plant, and equipment Buildings (net) Equipment (net) Land held for future use Intangible assets Goodwill Cash surrender value of life insurance Prepaid expenses Current liabilities Accounts payable Notes payable (due next year) Pension obligation Rent payable Premium on bonds payable Long-term liabilities Bonds payable Stockholders' equity Common stock. $1.00 par, authorized 400,000 shares, issued 299,000 Additional paid-in capital Retained earnings 89,000 99,000 21.000 144,000 134,000 91.000 58.000 62.000 509,000 299.000 169.000 2 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation bala MacBook Pro Question 5 of 7 19.23/20 E Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $169,000 and for the equipment, $114,000. The allowance for doubtful accounts has a balance of $26,000. 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 name only and do not provide the descriptive information provided in the question.) BLUE COMPANY Balance Sheet Assets Question 5 of 7 19.23/20 Liabilities and Stockholders' Equity MacBook Pro 4 $ . e Textbook and Media List of Accounts Save for Later Attempts: 1 of 5 used Submit Answer MacBook Pro