The following are the ending balances of accounts at December 31, 2021, for the Valley Pump Corporation. Credits Debits $ 32,000 70,000 95,800 $ 17,eee 58,600 134,000 335,000 107,888 89,000 Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals 32,000 19,800 39,000 72,eee 27,000 285,000 7,000 270,000 54,888 $871,000 $871,000 Additional Information: 1. The $134,000 balance in the land account consists of $107,000 for the cost of land where the plant and office buildings are located. The remaining $27,000 represents the cost of land being held for speculation. 2. The $58,000 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 $114,000 note due in six months and a $171,000 note due in three annual installments of $57,000 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