Presented below is the trial balance of Hightower Corporation at December 31, 2017.

	Debit	Credit
Cash	295,000
Sales Revenue		$12,150,000
Debt Investments (trading) (at cost, $218,000)	230,000
Cost of Goods Sold	7,200,000
Debt Investments (long-term)	448,000
Equity Investments (long-term)	416,000
Notes Payable (short-term)		135,000
Accounts Payable		682,000
Selling Expenses	3,000,000
Investment Revenue		95,000
Land	390,000
Buildings	1,560,000
Dividends Payable		204,000
Accrued Liabilities		144,000
Accounts Receivable	652,000
Accumulated DepreciationBuildings		228,000
Allowance for Doubtful Accounts		38,000
Administrative Expenses	1,350,000
Interest Expense	317,000
Inventory	895,000
Gain		120,000
Notes Payable (long-term)		1,350,000
Equipment	900,000
Bonds Payable		1,500,000
Accumulated DepreciationEquipment		90,000
Franchises	240,000
Common Stock ($5 par)		1,500,000
Treasury Stock	287,000
Patents	293,000
Retained Earnings		117,000
Paid-in Capital in Excess of Par		120,000
Totals	$18,473,000	$18,473,000

Instruction: Prepare Balance Sheet for Hightower Corporation at December 31, 2017