Prepare a classified balance sheet for the year ended December 31, 2021 for Germain Corp.

Accounts Payable 300

Accounts Receivable 200

Accrued wages payable 150

Accumulated Depreciation 1,000

Accumulated other comprehensive income 150

Allowance for Doubtful Accounts 75

Bonds Payable 750

Building 10,000

Cash 900

Equity Investments (at equity) 75

Goodwill 250 Inventories, at average cost 375 Investments (Trading, at fair value) 75

Land 3,750

Notes payable - due June 2022 5,000

Notes Receivable - short term 300

Paid in capital in excess of par - common stock 150

Paid in capital in excess of par - preferred stock 250

Paid in capital in exess of par - treasury stock 75

Patents 200

Premium on Bonds Payable 150

Retained Earnings 1,500

Supplies 100

Treasury Stock (25 shares) 75

6% Preferred Stock, cumulative, $10 par value 375 shares authorized, issued and outstanding 3,750

Common Stock, $4 stated value, 750 shares authorized and issued, 725 outstanding. 3,000