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Presented below are a number of balance sheet items for Marin, Inc. for the current year, 2025. Goodwill $127,730 Accumulated depreciation-equipment $292,500 Payroll taxes
Presented below are a number of balance sheet items for Marin, Inc. for the current year, 2025. Goodwill $127,730 Accumulated depreciation-equipment $292,500 Payroll taxes payable 180,321 Inventory 242,530 Bonds payable 302,730 Rent payable (short-term) 47,730 Discount on bonds payable 15,500 Income taxes payable 101,092 Cash 362,730 Rent payable (long-term) 482,730 Land 482,730 Common stock, $1 par value 202,730 Notes receivable 448,430 Preferred stock, $10 par value 152,730 Notes payable (to banks) 267,730 Prepaid expenses 90,650 Accounts payable 492,730 Equipment 1,472,730 Retained earnings ? Debt investments (trading) 123,730 Income taxes receivable 100,360 Accumulated depreciation-buildings 270,700 Notes payable (long-term) 1,602,730 Buildings 1,642,730 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, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) MARIN, INC. Balance Sheet December 31, 2025 Assets > > > > $ Liabilities and Stockholders' Equity $ $
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