Problem 5-2 Your answer is partially correct. Try again. Presented below are a number of balance sheet items for Grouper, Inc., for the current year, 2017. Goodwill $ 126,790 Accumulated Depreciation Equipment $ 292,160 Payroll Taxes Payable 179,381 Inventory 241,590 Bonds payable 301,790 Rent payable (short-term) 46,790 Discount on bonds payable 15,160 Income taxes payable 100,152 Cash 361,790 Rent payable (long-term) 481,790 Land 481,790 Common stock, $1 par value 201,790 Notes receivable 447,490 Preferred stock, $10 par value 151,790 Notes payable (to banks) 266,790 Prepaid expenses 89,710 Accounts payable 491,790 Equipment 1,471,790 Retained earnings ? Equity Investments (trading) 122,790 Income taxes receivable 99,420 Accumulated Depreciation Buildings 270 360 Notes payable (long-term) 1.601,790 Buildings 1,641,790 Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of equity investments (trading) are the same. (List Current Assets in order of guidity. List Property, plant and Equipmark order of Land, Building and Equipment.) GROUPER, INC. For the Quarter Ended December 31, 2017 currer Inventory INTER VERSION BACK NEXT T Prepaid Expenses Total Current Assets 481790 1371430 Property, Plant and Equipment Land Buildings Less Accumulated Depreciation Equipment con accumulated Depreciation Intangible Assets Goodwill Total Assets Enter 292160 1129530 3 ,032,850 126790 4,664,57 Liabilities and Stockholders' Equity 481,790 > "4,664,570" al Current Liabilities PRINTER VERSION BACK NEXT Long-term Uabilities 1519903 Notes Payable 781790 Bonds Payable Less B oscount on Bonds Payable Rent Payable Total Liabilities Stockholders Equity Total Stockholders' Equity