Presented below is information related to Victor Company at December 31, 2019. Assume a tax rate of 30% on all items.

Account Title	Amount		Account Title	Amt
Accounts Payable ----------------------	$ 204,975		Income Taxes Payable ---------------	78,000
Accounts Receivable ......................	259,200		Interest Payable ...........................	2,850
Accum. depreciation - Building -	391,500		Inventory -------------------------------	790,125
Additional Paid-in Capital .................	81,900		Land .............................................	232,500
Allowance for Doubtful Accounts ----	3,900		Notes Payable-short-term ----------	96,000
			Notes Receivable due in 6 months.	69,000
Bonds Payable (due 2025) -----------	600,000		Preferred Stock -----------------------	375,000
Buildings ..........................................	963,000		Prepaid Insurance ........................	28,125
Cash --------------------------------------	85,125		Salaries and Wages Payable ------	17,100
Common Stock ................................	562,500		Supplies ........................................	18,900
Copyrights ---------------------------------	96,450		Trading Securities	36,300
Debt Investments (long-term)	140,700		Retained Earnings	306,000

Requirements: Prepare the asset section of a Classified Balance Sheet for Victor Company using the Report Form. Include all headings, subheading, subtotals, and totals (with labels) that appear on a Classified Balance Sheet.