The following is a December 31, 2018, post-closing trial balance for Almway Corporation S Account Title Cash Investments Accounts receivable Inventories Prepaid insurance (for the next 9 months Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents (net of amortization) Accounts payable Notes payable Interest payable Bonds Payable Common stock Retained earnings Totals Debits Credits $ 69,000 134,000 72,000 212,000 8,000 114,000 432,000 112,000 122,000 72,000 22,000 99,000 166,000 32,000 252,000 336,000 116,080 $1,185,000 $1,185,000 Additional information: Sipped 1. The investment account includes an investment in common stock of another corporation of $42,000 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 $37.000 that the company has not used and is currently listed for sale. 3. The cash account includes $27.000 restricted in a fund to pay bonds payable that mature in 2021 and $35.000 set aside in a three month Treasury bill. 4. The notes payable account consists of the following: eBook Print a. a $42,000 note due in six months. b. a $62.000 note due in six years. c. a $62,000 note due in five annual installments of $12,400 each, with the next installment due February 15, 2019 ferences 5. The $72,000 balance in accounts receivable is net of an allowance for uncollectible accounts of $9,000 6. The common stock account represents 112.000 shares of no par value common stock issued and outstanding. The corporation has 600,000 shares authorized. Required: Prepare a classified balance sheet for the Almway Corporation at December 31, 2018. (Amounts to be ded by a minus sign.) points Skipped ALMWAY CORPORATION Balance Sheet At December 31, 2018 eBook Print References