P12-6A The following data, presented in alphabetical order, are taken from the records of Urbina Corporation. Accounts payable $ 240,000 Accounts receivable 140,000 Accumulated depreciationbuilding 180,000 Accumulated depreciationequipment 52,000 Allowance for doubtful accounts 6,000 Bonds payable (10%, due 2019) 500,000 Buildings 950,000 Cash 42,000 Common stock ($10 par value; 500,000 shares authorized, 150,000 shares issued) 1,500,000 Dividends payable 80,000 Equipment 275,000 Goodwill 200,000 Income taxes payable 120,000 Investment in Flott common stock (10% ownership), at cost 278,000 Investment in Portico common stock (30% ownership), at equity 380,000 Land 390,000 Market adjustmentavailable-for-sale securities (Dr) 8,000 Merchandise inventory 170,000 Notes payable (due 2012) 70,000 Paid-in capital in excess of par value 130,000 Premium on bonds payable 40,000 Prepaid insurance 16,000 Retained earnings 103,000 Short-term stock investment, at fair value (and cost) 180,000 Unrealized gainavailable-for-sale securities 8,000 The investment in Flott common stock is considered to be a long-term available-for-sale security. Instructions Prepare a classified balance sheet at December 31, 2011