ok The following is a December 31, 2024, post-closing trial balance for Almway Corporation. Account Title Cash Investment in equity securities Accounts receivable Inventory Debits $ 55,000 Credits 120,000 65,000 205,000 Prepaid insurance (for the next 9 months) 7,000 Land 100,000 Buildings 425,000 W rences Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patent (net) Accounts payable Notes payable Interest payable Bonds Payable Common stock Retained earnings $ 105,000 115,000 65,000 15,000 85,000 145,000 25,000 245,000 315,000, 122,000 Totals Additional information: $ 1,107,000 1,107,000 1. The investment in equity securities account includes an investment in common stock of another corporation of $35,000 which management intends to hold for at least three years. The balance of these investments is intended to be sold in the coming year. 2. The land account includes land which cost $30,000 that the company has not used and is currently listed for sale. 3. The cash account includes $20,000 restricted in a fund to pay bonds payable that mature in 2027 and $28,000 restricted in a three-month Treasury bill. 4. The notes payable account consists of the following: a. a $35,000 note due in six months. b. a $55,000 note due in six years. c. a $55,000 note due in five annual installments of $11,000 each, with the next installment due February 15, 2025