The following are the ending balances of accounts at December 31,2024 , for the Valley Pump Corporation. Additional information: 1. The $122,000 balance in the land account consists of $101,000 for the cost of land where the plant and office bullings are located. The remaining $21,000 represents the cost of land being held for speculation. 2. The $46,000 balance in the investment in equity securives 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 notes payable account consists of a $102,000 note due in six months and a $153,000 note due in three annual instaliments of $51.000 each, with the first payment due in August of 2025 . Required: Prepare a classified balance sheet for the Valley Pump Corporation at December 31, 2024. Use the additional Information to help determine appropriate classifications and account balances. Note: Amounts to be deducted should be Indicated by a minus sign