The adjusted trial balance of Splish Company and other related information for the year 2020 are presented as follows. Construction in Progress (building) Patents Equipment 126,65036,000402,650 Accumulated Depreciation-Equipment Discount on Bonds Payable Accounts Payable 20,000 Accrued Liabilities Notes Payable Bonds Payable 240,380 Common Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings 1. The LIFO method of inventory value is used. 2. The cost and fair value of the long-term investments that consist of stocks (with ownership less than 20% of total shares) are the same. 3. The amount of the Construction in Progress account represents the costs expended to date on a building in the process of construction. (The company rents factory space at the present time.) The land on which the building is being constructed cost $87,650, as shown in the trial balance. 4. The patents were purchased by the company at a cost of $40,000 and are being amortized on a straight-line basis. 5. Of the discount on bonds payable, $2,000 will be amortized in 2021 . 6. The notes payable represent bank loans that are secured by long-term investments carried at $122,650. These bank loans are due in 2021. 7. The bonds payable bear interest at 7% payable every December 31 , and are due January 1, 2031. 8. 600,000 shares of common stock of a par value of $1 were authorized, of which 502,650 shares were issued and outstanding. Prepare a balance sheet as of December 31,2020, so that all important information is fully disclosed. (List Current Assets in order of liquidity. List Property. Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not nrovide the describtive information provided in the question.) I Liabilities and Stockholders' Equity $ $