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Presented below are a number of balance sheet items for Coronado, Inc., for the current year, 2017. Goodwill $ 127,010 Accumulated Depreciation-Equipment $ 292,380 Payroll

Presented below are a number of balance sheet items for Coronado, Inc., for the current year, 2017.

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

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