od on December 31, 20X1 in good form, prepare a corrected classified balance sheet for Sketchine (You can comit the state's hrad) Liabilities: 99 Short-term Debt 200 Account Rectable 119 Accumulated Destesiti 500 140 Allence for Bad Debte 12 135 Account Payable 10 60 Loor term Dakt 290 Preto Equiment 1.800 Accumulated Other Comprehensive Income 3 50 Total Liabilities 1.145 320 2,705 Stockholders' Equity Betained Emin 360 Paid in Capital 1.200 Total Stockholders' Equity 1.560 Total Liabilities and Stockholden' Equity 2,705 Related Information 1. Shontamins estments includes: $130 of Trading Debt Securities $10 of accrued interest due to Skotch from the Trading Debt Securities 2. PP&E includes $50 of equipment that was retired duriny 20X1. The retired equipment is gone depreciated and Sketch expectate 20 3. Intangible Assets includes -$20 for Copyrights 530 for Goodwill. The value of Goodwill is based on an estimate made by the CFO + Investments includes: -5170 Bond Sinking Fund that was set up years ago to pay off the Bands Payable when they matus (# below) -S130 of Pension Auto 5. The $200 balance of Short-term Debt includes an 580 Note Payable due on March 1st of 20x25120 Note Payable due se le 20 af 20X4 accrued interest due to skatch from the Trading Debt Securities. PP&E incindes $50 of equipment that was retired during 20X1. The retired equipment is 90% depreciated and Sketch expects to sell it in 20X3. 3. Intangible Assets includes: 520 for Copyright -$30 for Goodwill. The value of Goodwill is based on an estimate made by the CFO. lavestments includes -5170 Bond Sinking Fund that was set up 8 years ago to pay off the Bonds Payable when they mature (see #6 below). 5150 of Pension Assets 5. The $200 balance of Short-term Debt includes an 580 Note Payable due on March 15th of 20x2 and a $120 Note Payable due ce June 20th of 20x4 6. Long-term Debt consists of a $170 Bond Payable due on August 1st of 20x2 (see #4 above) and a $120 Pension Liability 7. Skotch currently has 500 shares of S2 par common stock authorized. 200 shares were issued for $6/share. TT T Arial 3 (12pt) T