Presented below are a number of balance sheet items for Sarasota, Inc. for the current year, 2020.

Goodwill		$ 127,010		Accumulated Depreciation-Equipment		$ 292,380
Payroll Taxes Payable		179,601		Inventory		241,810
Bonds payable		302,010		Rent payable (short-term)		47,010
Discount on bonds payable		15,380		Income taxes payable		100,372
Cash		362,010		Rent payable (long-term)		482,010
Land		482,010		Common stock, $1 par value		202,010
Notes receivable		447,710		Preferred stock, $10 par value		152,010
Notes payable (to banks)		267,010		Prepaid expenses		89,930
Accounts payable		492,010		Equipment		1,472,010
Retained earnings		?		Debt investments (trading)		123,010
Income taxes receivable		99,640		Accumulated Depreciation-Buildings		270,580
Notes payable (long-term)		1,602,010		Buildings		1,642,010

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 order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.)

SARASOTA, INC. Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $ SARASOTA, INC. Balance Sheet Assets $ $ $ $ Liabilities and Stockholders' Equity $ $ A