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

Goodwill		$ 125,000		Accumulated Depreciation-Equipment		$ 292,000
Payroll Taxes Payable		177,591		Inventory		239,800
Bonds payable		300,000		Rent payable (short-term)		45,000
Discount on bonds payable		15,000		Income taxes payable		98,362
Cash		360,000		Rent payable (long-term)		480,000
Land		480,000		Common stock, $1 par value		200,000
Notes receivable		445,700		Preferred stock, $10 par value		150,000
Notes payable (to banks)		265,000		Prepaid expenses		87,920
Accounts payable		490,000		Equipment		1,470,000
Retained earnings		?		Debt investments (trading)		121,000
Income taxes receivable		97,630		Accumulated Depreciation-Buildings		270,200
Notes payable (long-term)		1,600,000		Buildings		1,640,000

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.