Presented below is the balance sheet of Concord Corporation as of December 31, 2017.

CONCORD CORPORATION BALANCE SHEET DECEMBER 31, 2017
Assets
Goodwill (Note 2)		$ 201,000
Buildings (Note 1)		2,260,000
Inventory		217,500
Land		687,000
Accounts receivable		297,000
Treasury stock (50,000 shares)		69,500
Cash on hand		135,600
Assets allocated to trustee for plant expansion
Cash in bank		51,000
Equity investments (trading)		137,000
		$4,055,600
Equities
Notes payable (Note 3)		$ 801,000
Common stock, authorized and issued, 100,000 shares, no par		651,000
Non-controlling interest		69,000
Retained earnings		1,277,600
Appreciation capital (Note 1)		426,000
Income tax payable		120,000
Reserve for depreciation recorded to date on the building		711,000
		$4,055,600

Note 1: Buildings are stated at cost, except for one building that was recorded at appraised value. The excess of appraisal value over cost was $426,000. Depreciation has been recorded based on cost. Note 2: Goodwill in the amount of $201,000 was recognized because the company believed that book value was not an accurate representation of the fair value of the company. The gain of $201,000 was credited to Retained Earnings. Note 3: Notes payable are long-term except for the current installment due of $125,000. Prepare a corrected classified balance sheet in good form. The notes above are for information only. (List Current Assets in order of liquidity.)