Sandhill Company has decided to expand its operations. The bookkeeper recently completed the balance sheet presented below in order to obtain additional funds for expansion.

SANDHILL COMPANY BALANCE SHEET FOR THE YEAR ENDED 2017
Current assets
Cash		$233,000
Accounts receivable (net)		343,000
Inventory (lower-of-average-cost-or-market)		404,000
Equity investments (marketable)-at cost (fair value $123,000)		143,000
Property, plant, and equipment
Buildings (net)		573,000
Equipment (net)		163,000
Land held for future use		178,000
Intangible assets
Goodwill		83,000
Cash surrender value of life insurance		93,000
Prepaid expenses		15,000
Current liabilities
Accounts payable		138,000
Notes payable (due next year)		128,000
Pension obligation		85,000
Rent payable		52,000
Premium on bonds payable		56,000
Long-term liabilities
Bonds payable		503,000
Stockholders equity
Common stock, $1.00 par, authorized 400,000 shares, issued 293,000		293,000
Additional paid-in capital		163,000
Retained earnings		?

Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $163,000 and for the equipment, $108,000. The allowance for doubtful accounts has a balance of $20,000. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)