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The following information is available for Mullen Company for the year ended December 31, 2020: Accounts payable 5,700 Stock investments (long-term) 9,400 Accumulated depreciation, building

The following information is available for Mullen Company for the year ended December 31, 2020:

Accounts payable 5,700

Stock investments (long-term) 9,400

Accumulated depreciation, building 4,000

Retained earnings 16,000

Common stock 4,800

Intangible assets 2,500

Notes payable (due in 5 years) 106,000

Accounts receivable 1,500

Cash 2,600

Debt investments (short-term) 3,000

Land 10,000

Building 107,500

Instructions

Use the above information to prepare a classified balance sheet for the year ended December 31, 2020.

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