The following is a December 31, 2024, post-closing trial balance for Almway Corporation. Account Title Cashi Investment in equity securities Debits $ 67,000 Credits 132,000 Accounts receivable Inventory 71,000 211,000 Prepaid insurance (for the next 9 months) 9,000 Land 112,000 Buildings 431,000 Accumulated depreciation-buildings $ 111,000 Equipment Accumulated depreciation-equipment 121,000 71,000 Patent (net) Accounts payable Notes payable Interest payable Bonds Payable Common stock Retained earnings 21,000 97,000 163,000 31,000 251,000 333,000 118,000 Totals Additional Information: $ 1,175,000 $ 1,175,000 1. The Investment in equity securities account includes an investment in common stock of another corporation of $41,000 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 $36,000 that the company has not used and is currently listed for sale. 3. The cash account Includes $26,000 restricted in a fund to pay bonds payable that mature in 2027 and $34,000 restricted in a three-month Treasury bill 4. The notes payable account consists of the following a. a $41,000 note due in six months. b. a $61,000 note due in six years. ca $61,000 note due in five annual Installments of $12,200 each, with the next installment due February 15, 2025 5. The $71,000 balance in accounts receivable is net of an allowance for uncollectible accounts of $8,000 6. The common stock account represents 111,000 shares of no par value common stock issued and outstanding. The corporation has 600,000 shares authorized. Cument assets Net accounts receivable Total current as Investments Toal investments Property, plant, and equipment ALMWAY CORPORATION Balance Sheet At December 31, 2024 Assets Net property, plant, and equipment Other Total Current Sabiles Long T Lababes and sharanciers Equity