Prepare a balance sheet as of December $31,2025,$ so that all imporatnt information is fully diclosed. $($List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Construction in Process, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.$)$

Additional information:

$1.$ The LIFO method of inventory value is used.

$2.$ The cost and fair value of the long$-$term investments that consists of stocks $($with ownership less than $20\%$ of total shares$)$ are the same.

$3.$ The amount of Construction in Progress account represents the costs expended to date on a building in the process of construction. $($The company rents factory space at the present time. $)$ The land on which the building is being constructed cost $$87,550,$ as show in the trial balance.

$4.$ The patents were purchased by the company at a cost of $$40,000$ and are being amortized on a straight$-$line basis.

$5.$ Of the discount on bonds payable, $$2,000$ will be amortized in $2026.$

$6.$ The notes payable represent bank loans that are secured by long$-$term investments carried at $$122,550.$ These bank loans are due in $2026.$

$7.$ The bonds payable bear interest at $8\%$ payable every December $31,$ and are due January $1,2026.$

$8.600,000$ shares of common stock of a par value of $$1$ were authorized, of which $502,550$ shares were issued and outstanding.