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Oriole Company Balance Sheet For the Year Ended 2025 Current assets Cash $234,500344,500405,500 Accounts receivable (net) Inventory (lower-of-cost-or-net realizable value) Equity investments (to be sold
Oriole Company Balance Sheet For the Year Ended 2025 Current assets Cash $234,500344,500405,500 Accounts receivable (net) Inventory (lower-of-cost-or-net realizable value) Equity investments (to be sold in the next year) - at cost (fair value $124,500 ) 144,500 Property, plant, and equipment Buildings (net) 574,500 Equipment (net) 164,500 Land held for future use 179,500 Intangible assets Goodwill 84,500 Held-to maturity debt investment 94,500 Prepaid expenses 16,500 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $164,500 and for the equipment, $109,500. The allowance for doubtful accounts has a balance of $21,500. 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.) Current Assets Cash \( \$ \longdiv { 2 3 4 5 0 0 } \) Equity Investments Accounts Receivable $ Less : Allowance for Doubtful Accounts Inventory Prepaid Expenses Total Current Assets Long-term Investments Land Held for Future Use Prodertv. Plant. and Equibment Less : Accumulated Depreciation-Buildings Equipment Less : Accumulated Depreciation-Equipment Intangible Assets Total Assets Current Liabilities Accounts Payable $ Notes Payable Rent Payable Total Current Liabilities Long-term Liabilities Bonds Payable $ Add : Premium on Bonds Payable Pension Obligation Total Liabilities Stockholders' Equity Common Stock Additional Paid-in Capital in Excess of Par-Common Stock Total Stockholders' Equity Total Liabilities and Stockholders' Equity
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