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

TAMARISK CORPORATION BALANCE SHEET DECEMBER 31, 2017
Assets
Goodwill (Note 2)		$ 121,750
Buildings (Note 1)		1,640,000
Inventory		313,850
Land		950,000
Accounts receivable		171,750
Treasury stock (50,000 shares)		88,750
Cash on hand		177,650
Assets allocated to trustee for plant expansion
Cash in bank		71,750
Debt investments (held-to-maturity)		139,750
		$3,675,250
Equities
Notes payable (Note 3)		$ 601,750
Common stock, authorized and issued, 1,000,000 shares, no par		1,151,750
Retained earnings		804,750
Noncontrolling interest		56,750
Appreciation capital (Note 1)		571,750
Income tax payable		76,750
Reserve for depreciation recorded to date on the building		411,750
		$3,675,250

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 $571,750. Depreciation has been recorded based on cost. Note 2: Goodwill in the amount of $121,750 was recognized because the company believed that book value was not an accurate representation of the fair value of the company. The gain of $121,750 was credited to Retained Earnings. Note 3: Notes payable are long-term except for the current installment due of $100,000. Prepare a corrected classified balance sheet in good form. The notes above are for information only. (List Current Assets in order of liquidity.)

TAMARISK CORPORATION Balance Sheet Assets Assets Allocated to Trustee for Expansion: Liabilities and Stockholders' Equity $