Presented below is the balance sheet of Sandhill Corporation for the current year, 2025 . The following information is presented. 1. The current assets section includes cash $151,290, accounts receivable $171,290 less $11,290 for allowance for doubtful accounts, inventories $181,290, and unearned rent revenue $6,290. Inventory is stated on the lower-of-FIFO-cost-or-net realizable value. 2. The investments section includes the cash surrender value of a life insurance contract $41,290; investments in commonstock. short-term $81,290 and iong-term $271,290; and bond sinking fund $247,420. The cost and fair value of investments in common stock are the same. 3. Property, plant, and equipment includes buildings $1,041,290 less accumulated depreciation $361,290, equipment $451,290 less accumulated depreciation $181,290, land $501,290, and land held for future use $270,000. 4. Intangible assets include a franchise $166.290, goodwill $101,290, and discount on bonds payable $37,420, 5. Current liabilities include accounts payable $141,290, notes payable-short-term $81,290 and long-term $121,290, and 6. Long-term liabilities are composed solely of 7% bonds payable due 2033 . 7. Stockholders' equity has preferred stock, no par value, authorized 200,000 shares, issued 70,000 shares for $420,000; and common stock, $1 par value, authorized 400,000 shares, issued 100,000 shares at an average price of $10. In addition, the corporation has retained earnings of $351,290. Prepare a balance sheet in good form, adjusting the amounts in each balance sheet classification as affected by the information given above. (List Current Assets in order of liquidity. List Property. Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) Prepare a balance sheet in good form, adjusting the amounts in each balance sheet classification as affected by the information given above. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Longrterminvestments Imestments in Common Stock Bond Sinking Fand Gach Surrender Value of Life Insurance Lind Held for Future Use Property, Plant, and Equipment Land Held for Investment Bullitirgs Add A Accumulated Dipreciation-Bulldings 361290 Equiperncht 451290 Add * Accumatated Depreciation-Equipment 181290 Intangible Assets Franchises intangible Assets Franchlses Goodwili 166290101290 Total Assets Liabilities and Stockholders' Equity Long-term Liabilities Accounts Payable Noter Piyable Income Taxes Payable Unearned Rent Revenue TotalCurrent Liabilities Long-term Liabilities $ 81290374206290 Liabilities and Stockholders' Equity Total Current Liabilities Lons-term Liabilities Notes Payable 121290 Bonds Payable $ 1001290 Less * : Discount on Bonds Payable 37420 1085160 Total Long-term Liabilities Capital Stock Long-term Investments Paid-in Capital Cominon 5 tock 100000 Preferred stock 920000 Paid-in Capital in Excess of Par - Common Stock. 351290 Long-term Investments Paid-in Capital Cocnenion 5 tock Paid -in Capital in Excess of Par-Common Steck 351290 Retained Earnirgs 1771290 Totalstockholderst Equity Total Liabilities and Stockholders' Equity * Presented beloware a number of balance sheet items for Marin, Inc. for the current year, 2025 . 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 sarne. (List Current Assets in order of liquidity. List Property. Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)