The following is the ending balances of accounts at December 31, 2016, for the Valley Pump Corporation Account Title Cash Accounts receivable Inventories Interest payable Marketable securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyigh (net of amortization) Prepaid expenses Accounts payable Deferred revenues Notes payable Allowance for uncollectible accounts Common stock Retained earnings Debits Credits 41,000 88,000 113,000 26,000 76,000 152,000 380,000 116,000 107,000 41,000 28,000 48,000 81,000 36,000 330,000 6,000 360,000 37,000 Totals 1,033,000 1,033,000 Additional information: 1. The $152,000 balance in the land account consists of $116,000 for the cost of land where the plant and office buildings are located. The remaining $36,000 represents the cost of land being held for speculation 2. The $76,000 in the marketable 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 $132,000 note due in six months and a $198,000 note due in three annual installments of $66,000 each, with the first payment due in August of 2017 Required Prepare a classified balance sheet for the Valley Pump Corporation at December 31, 2016. (Amounts to be deducted should be indicated by a minus sign.)