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Presented below is the trial balance of Sunland Corporation at December 31, 2020. Cash $ 200,230 Sales $ 8,104,580 I Debt Investments (trading) (at cost,

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Presented below is the trial balance of Sunland Corporation at December 31, 2020. Cash $ 200,230 Sales $ 8,104,580 I 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 Notes Payable (short-term) 94,580 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 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 83,230 Paid-in Capital in Excess of Par Totals $12,367.730 $12.367.730 Prepare a balance sheet at December 31, 2020, for Sunland Corporation. Incre income taxes.). (Ust 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) SUNLAND CORPORATION Balance Sheet Assets 5 $ $ Q5 PM

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