please help correct the number of Investment in equity securities and help check if there is any wrong, thank you very much.

Return to question 1 1 The following are the ending balances of accounts at December 31, 2021, for the Valley Pump Corporation. 1 points Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals Debits Credits S 44,000 94,000 119,000 S 29,000 82,000 158,000 395,000 119,000 113,000 44,000 31,000 51,000 84,000 39,000 345,000 6,000 390,000 31,000 $1,087,000 $1,087,000 Additional Information: 1. The $158,000 balance in the land account consists of $119,000 for the cost of land where the plant and office buildings are located. The remaining $39,000 represents the cost of land being held for speculation. 2. The $82,000 balance in the investment in equity securities account represents an investment in the common stock of another corporation. Valley intends to sell one-half of the stock within the next year. 3. The notes payable account consists of a $138,000 note due in six months and a $207,000 note due in three annual installments of $69,000 each, with the first payment due in August of 2022. Answer is not complete. VALLEY PUMP CORPORATION Balance Sheet At December 31, 2021 Assets Current assets Cash Accounts receivable Allowance for uncollectible accounts Inventory Prepaid expenses Investment in equity securities 44,000 94,000 (6,000) 119,000 51,000 82,000 384,000 Total current assets Investments Investment in equity securities Land $ 82,000 X 39,000 121,000 Total investments Property, plant, and equipment: Land 119,000 Buildings Equipment 395,000 113,000 627,000 (119,000) (44,000) Less: Accumulated depreciation - buildings Less: Accumulated depreciation - equipment Net property, plant, and equipment 464,000 (119,000) (44,000) Less: Accumulated depreciation - buildings Less: Accumulated depreciation - equipment Net property, plant, and equipment Intangible assets: Copyright (net) 464,000 31,000 Total assets $ 1,000,000 Liabilities and Shareholders' Equity $ Current liabilities: Accounts payable Notes payable Interest payable Deferred revenue 84,000 138,000 29,000 39,000 290,000 Total current liabilities Long-term liabilities: Notes payable 138,000 428,000 Total liabilities Shareholders' equity: Common stock Retained earnings $ 390,000 31,000 Total shareholders' equity Total liabilities and shareholders' equity 421,000 849,000 $