Saved The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant In reviewing the statement you notice several errors. LOS GATOS CORPORATION Balance Sheet At December 31, 2018 Assets Cash S 66,000 119,000 68,000 133,000 Accounts receivable Inventories Machinery (net) Franchise (net) 43,000 Total asnets $429,000 Liabilition and Shareholders Equity Accounts payable Allowance for uncollectible accounte Note payable Bonds payable Shareholders equity Total liabilities and shareholders equity S 76,000 es 18,000 81,000 123,000 131,000 $429,000 Additional information: 1 Cash includes a $33,000 restricted amount to be used for repayment of the bonds payable in 2022 2 The cost of the machinery is $216,000 3. Accounts receivable includes a $33.000 note receivable from a customer due in 2021 4. The note payable includes accrued interest of $18,000 Principal and interest are both due on February 1, 2019 5 The company began operations in 2013 Income less dividends since inception of the company totals $48,000 6 63,000 shares of no par common stock were issued in 2013 100.000 shares are authonized Required: Prepare o corrected, classified balance sheet (Amounts to be deducted should be indicated by a minus sign.) LOS GATOS CORPORATION Balance Sheet 3 of 4