Prepare a balance sheet as of June 30, for the J. L. Gregory Company, using the following data: VAccounts payable Accounts receivable Accrued expenses Accumulated depreciation on buildings Accumulated depreciation on equipment Bonds payable Buildings (at cost) Capital stock ning - $ 241,000 505,000 107,000 538,000 386,000 700,000 1,120,000 1,000,000 Cash AEquipment (at cost) Estimated tax liability Inventories Investment in the Peerless Company ALand (at cost) AMarketable securities Notes payable Retained earnings $89,000 761,000 125,000 513,000 320,000 230,000 379,000 200,000 ?

Prepare a balance sheet as of June 30, for the J. L. Gregory Company, using the following