Problem 16-06A

The following data, presented in alphabetical order, are taken from the records of Sandhill Corporation.

Accounts payable		$241,000
Accounts receivable		139,500
Accumulated depreciationbuildings		181,000
Accumulated depreciationequipment		51,100
Allowance for doubtful accounts		5,800
Bonds payable (10%, due 2028)		500,000
Buildings		949,300
Cash		41,200
Common stock ($10 par value; 507,100 shares authorized, 149,100 shares issued)		1,491,000
Dividends payable		80,000
Equipment		275,200
Goodwill		199,900
Income taxes payable		120,500
Inventory		169,100
Investment in Mara common stock (30% ownership), at equity		380,500
Investment in Sasse common stock, at fair value		278,900
Land		389,600
Notes payable (due 2021)		69,700
Paid-in capital in excess of parcommon stock		135,500
Premium on bonds payable		40,500
Prepaid insurance		16,600
Retained earnings		103,000
Short-term investments, at fair value		179,300

The investment in Sasse common stock is considered to be a long-term security. Prepare a classified balance sheet at December 31, 2020. (List assets in order of liquidity. List Property, plant and equipment list in order of land, buildings and equipment.)

receta December 31, 2000 et de tot plant andet en anderen. De and equat.) SANDHELLOOOOOR na Sheet ARE V