The following is a December $31,2024,$ post$-$closing trlal balance for Almway Corporation.

Additional information:

The Investment in equity securitles account Includes an investment in common stock of another corporation of $$46,000$ which.

management Intends to hold for at least three years. The balance of these Investments is intended to be sold in the coming year.

$2$ The land account includes land which cost $$41,000$ that the company has not used and is currently listed for sale.

The cash account includes $$31,000$ restricted in a fund to pay bonds payable that mature in $2027$ and $$39,000$ restricted in a

three$-$month Treasury bill.

The notes payable account conslsts of the following:

a$.$ a $$46,000$ note due in slx months.

b$.$ a $$66,000$ note due In slx years.

c$.$ a $$66,000$ note due in five annual installments of $$13,200$ each, with the next installment due February $15,2025.$

The $$76,000$ balance in accounts recelvable is net of an allowance for uncollectlble accounts of $$6,000$

The common stock account represents $116,000$ shares of no par value common stock Issued and outstanding. The corporation

has $300,000$ shares authorlzed.

Required:

Prepare a classlfied balance sheet for the Almway Corporation at December $31,2024.$

Note: Amounts to be deducted should be indicated by a minus sign.

Required:

Prepare a classlfied balance sheet for the Almway Corporation at December $31,2024.$

Note: Amounts to be deducted should be indicated by a minus sign.