Prepare a classified balance sheet for Sandpiper Corporation as of December 31, 2020 using column 2 for detail and column 3 for nets, sub-totals, & totals on the 4-column accounting paper provided they must balance. In addition, you are to present the following ratios to the nearest tenth: Current ratio Quick ratio Debt to assets ratio Ratio of fixed assets to long-term liabilities Ratio of total liabilities to stockholders' equity. Does the cost of goods sold go under assets? along with the cash and cash, accounts receivable, allowance for doubtful accounts, and inventory?

Accounts Payable Accounts Receivable Accrued Liabilities Accumulated Depreciation Allowance for Doubtful Accounts Bonds Payable [Long-term) Cash and Cash Equivalents Common Stock at par $1.50 (shares authorized 200,000, issued (calculate), and outstanding (calculate]) Cost of Goods Sold Current Portion of Long-Term Debt Discounts on Bonds Payable Equipment and Vehicles General and Administrative Expenses Intangibles - Net (no further detail available] Investments in Equity Securities (Long-term] Land (not used in operations] Land and Building Long-Term Debt Payable (not including current portion] Merchandise Inventory (FIFO, Lower of Cost or Market) Notes Payable (Short-term] Notes Receivable (Short-term) Notes Receivable (Long-term) Other Assets (Long-term) Paid in Capital in Excess of Par - Common Premiums on Bonds Payable Prepaid Expenses Provision for Income Taxes Retained Earnings (12/31/2020 after closing entries] Salaries Payable Sales Selling Expenses Trading Securities - at cost (current] Treasury Stock - Common (2,000 shares) Unearned Revenues Valuation Adjustment - Trading Securities* 34,600 35, 100 11,500 35,600 900 80,000 33,600 75,000 204,800 5,600 2,300 89, 100 92,100 14,300 5,000 25,600 145,300 40,200 28,700 6,500 4,000 16,500 3,800 28,500 1,500 2,700 26,100 88,470 2,800 427,800 35,900 5,700 3,420 3,300 (650)