The following are the ending balances of accounts at December 31, 2021, for the Valley Pump Corporation. Credits Debita $ 33,000 14.000 103,000 72,000 140,000 370,000 103,000 $ 24, DDD 114, Account Title Accounts receivable Inventory Interest payable Investment in equity WLAN Land Building Accumulated depreciation buildings Equipment Accumulated depreciation equipment Copyright inet) Deepaid expenses (next 12 months) Accounts payable Deferred reverze (next 12 months) Notex payable Allovesce for uscollectible accounts Common stock Retained ning Totale 39,00 26,990 45,000 79, 34,00 320,00 9, DD 140,000 30, DDO $997,900 $997,000 Additional Information: 1 The $148.000 balance in the land account consists of $114,000 for the cost of land where the plant and office buildings are located. The remaining $34,000 represents the cost of land being held for speculation. 2 The $72,000 balance in the investment in equity securities account represents an Investment in the common stock of another corporation Valley intends to sell one-half of the stock within the next year. 3. The nates payable account consists of a $128.000 note due in six months and a $192,000 nate due in three annual installments of $64.000 each, with the first payment due in August of 2022 Required: Prepare a classified balance sheet for the Valley Pump Corporation at December 31, 2021. Use the additional Information to help determine appropriate classifications and account balances. (Amounts to be deducted should be indicated by a minus sign.) VALLEY PUMP CORPORATION Balance Sheet At December 31, 2021 Assets Current Total current investments Total investment Property, plant, and equipment: Net property, plant, and equipment Intangible sota Total seats Liabilities and Shareholders' Equity Current abides Total currentibus Long-term sabes Total Babies Shareholders'quly Total shareholders equity