Oriole Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion. $235,000 345,000 406,000 145,000 ORIOLE 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 $125,000) 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) 575,000 165,000 180,000 85,000 95,000 17,000 140,000 130,000 CELOS 140,000 130,000 87,000 54,000 58,000 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 295,000 Additional paid-in capital Retained earnings 505,000 295,000 165,000 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $165,000 and for the equipment. $110,000. The allowance for doubtful accounts has a balance of $22,000. 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.) ORIOLE COMPANY Balance Sheet Assets ORIOLE COMPANY Balance Sheet Assets 10:00 Liabilities and Stockholders' Equity