Presented below is the trial balance of Concord Corporation at December 31, 2020. Debit Credit Cash $ 200,230 Sales $ 8,104,580 Debt Investments (trading) (at cost, $145,000) 157,580 Cost of Goods Sold 4,800,000 Debt Investments (long-term) 302,230 Equity Investments (long-term) 280,230 94,580 Notes Payable (short-term) Accounts Payable 459,580 Selling Expenses 2,004,580 Investment Revenue 67,550 Land 264,580 Buildings 1,043,230 Dividends Payable 139,230 Accrued Liabilities 100,580 Accounts Receivable 439,580 MUUUILLIVUIL TUTYUV Accumulated Depreciation-Buildings 152,000 Allowance for Doubtful Accounts 29,580 Administrative Expenses 904,550 Interest Expense 215,550 Inventory 600,230 Gain 84,550 Notes Payable (long-term) 903,230 Equipment 604,580 Bonds Payable 1,003,230 Accumulated Depreciation Equipment 60,000 Franchises 160,000 Common Stock ($5 par) 1,004,580 Treasury Stock 195,580 Patents 195,000 81,230 Retained Earnings Paid-in Capital in Excess of Par 83,230 Totals $ 12,367,730 $ 12,367,730 Prepare a balance sheet at December 31, 2020, for Concord Corporation. (Ignore income taxes). (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land Building and Equipment. Enter account name only and do not provide the descriptive Information provided in the question.) CONCORD CORPORATION Balance Sheet December 31, 2020 Assets Current Assets Cash $ 20023 Debt Investments 15758 Accounts Receivable 439580 Less Allowance for Doubtful Accounts 29580 1 41000 Inventory 6002 Total Current Assets Longotcom Investments Debt Investments 302230 Equity Investments 280230 Property, Plant and Equipment Land 264580 Buildings 1043230 : Accumulated Depreciation Buildings - 152000 i Equipment 604580 Accumulated Depreciation Equipment - 60000 Total Property. Plant and Equipment Intangible Assets Patents 195000 Franchises 160000 Total Intangible Assets Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable $ 459580 Notes Payable 94580 Dividends Payable 139230 Accrued Liabilities 100580 Total Current Liabilities Bonds Payable 1003230 Notes Payable 903230 Notes Payable 903230 Total Liabilities Stockholders Equity Common Stock 1004580 Pald-in Capital 83230 1087810 Retained Earnings 413230 1501040 Loss vi Treasury Stock 195580 Total Stockholders' Equity Total Llabilities and Stockholders' Equity