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Presented below is the balance sheet for HHD, Inc, at December 31, 2018. 5 668,800 545,809 2,420,800 238,800 53,855,800 3 460,800 695,800 2,700,000 Current assets

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Presented below is the balance sheet for HHD, Inc, at December 31, 2018. 5 668,800 545,809 2,420,800 238,800 53,855,800 3 460,800 695,800 2,700,000 Current assets Investments Property, plant, and equipment Intangible assets 01 Total assets Current liabilities Long-ter liabilities Shareholders' equity Total liabilities and shareholders' equity $3,855,88 The captions shown in the summarized statement above include the following: a. Current assets cash, $165.000: accounts receivable. $215,000; inventories, $240,000: and prepaid insurance. $40,000 b. Investments: investments in common stock. short term, $105.000, and tong term, $175.000: and restricted cash, long term. $265,000 c Property, plant and equipment buildings, $1,650,000 less accumulated depreciation. S615000: equipment $650000 less accumulated depreciation, $215.000: and land, $950.000. d Intangible assets patent, $125.000; and copyright, $105,000 e. Current Babilities: accounts payable, $115.000; notes payable, short term, $165.000, and long term, $105,000: and taxes payable. $75,000 f Long-term ilabitities: bonds payable due 2023. g. Sharehoiders' equity. common stock, $1.750.000: retained earnings. $950,000 Six hundred thousand shares of no par common stock are authorized. of which 350000 shares were issued and are outstanding Required: Prepare a corected ciassifed balance sheet for HHD. inc. at December 31. 2018. (Amounts to be deducted should be indicated by a minus sign) HHD, NC. Balance Sheet At December 31, 2018 HHD, INC Balance Sheet At December 31, 2018 Assets Assets and Shareholders Equity iabilities Liabilities and Shareholders' Equity 0

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