Presented below are a number of balance sheet items for Cullumber, Inc., for the current year, 2017 $292,170 242,990 48,190 101,552 483,190 203,190 153,190 91,110 1,473,190 124,190 270,370 1,643,190 Goodwill Payroll Taxes Payable $128,190 Accumulated Depreciation-Equipment 180,781 Inventory 303,190 Rent payable (short-term) Bonds payable Discount on bonds payable Cash 15,170 363,190 483,190 448,890 268,190 493,190 Income taxes payable Rent payable (long-term) Common stock, $1 par value Preferred stock, $10 par value Prepaid expenses Equipment Land Notes receivable Notes payable (to banks) Accounts payable Retained earnings Income taxes receivable ?Debt investments (trading) 100,820 Accumulated Depreciation-Buildings Notes payable (long-term) 1,603,190 Buildings Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same. (List Current Assets in the order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.) CULLUMBER, INC. Balance Sheet Assets