Problem 13-41 (Algo) (LO 13-9) Jaez Corporation is in the process of going through a reorganization. As of December 31, 2020, the company's accountant has determined the following information although the company is still several months away from emerging from the bankruptcy proceeding. Assets Cash Inventory Land Buildings Equipment Book Value Fair Value $ 35,000 $ 35,000 57,000 59,000 176,000 242,000 232,000 272,000 166,000 169,000 Liabilities as of the date of the order for relief Accounts payable Accrued expenses Income taxes payable Note payable (due 2023, secured by land) Note payable (due 2025) Liabilities since the date of the order for relief Accounts payable Note payable (due 2022) Stockholders' equity Common stock Deficit Allowed Claims $ 135,000 42,000 34,000 112,000 182,000 $ 72,000 122,000 $ 212,000 (245,000) Expected Settlement $ 32,000 16,000 30,000 112,000 92,000 Prepare the balance sheet for Jaez Corporation. (Negative amounts should be indicated by a minus sign.) JAEZ CORPORATION.