The following are the ending balances of accounts at December 31, 2024, for the Valley Pump Corporation. Additional Information: 1. The $138,000 balance in the land account consists of $109,000 for the cost of land where the plant and office buildings are located. The remaining $29,000 represents the cost of land being held for speculation. 2. The $62,000 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 notes payable account consists of a $118,000 note due in six months and a $177,000 note due in three annual installments of $59,000 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. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Total investments } & & \\ \hline Property, plant, and equipment: & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline eBook & Total current liabilities & 0 \\ \hline Print & \multicolumn{2}{|l|}{ Long-term liabilities: } \\ \hline \multicolumn{3}{|l|}{ References } \\ \hline & & \\ \hline \multirow{7}{*}{. } & Total liabilities & 0 \\ \hline & Shareholders' equity: & \\ \hline & & \\ \hline & & \\ \hline & & = \\ \hline & Total shareholders' equity & 0 \\ \hline & Total liabilities and shareholders' equity & $ \\ \hline \end{tabular}