The following is the ending balances of accounts at June 30, 2018 for Excell Company. Account Title Debits Credits Cash 87,000 69,000 284,000 36,000 79,000 324,000 Short-term investments Accounts receivable Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Accounts payable Accrued expenses Notes payable Mortgage payable Common stock 162,000 267,000 122,000 175,000 47,000 104,000 230,000 120,000 Retained earnings 186,000 $1,146,000 $1,146,000 Totals Additional information: 1. The short-term investments account includes $20,000 in U.S. treasury bills purchased in May. The bills mature in July Additional information: 1. The short-term investments account includes $20,000 in U.S. treasury bills purchased in May. The bills mature in July. 2. The accounts receivable account consists of the following: a. Amounts owed by customers b. Allowance for uncollectible accounts-trade customers $227,000 (16,000) 67,000 6,000 c. Non trade note receivable (due in three years) d. Interest receivable on note (due in four months) $284,000 Total 3. The notes payable account consists of two notes of $52,000 each. One note is due on September 30, 2018, and the other is due on November 30, 2019. 4. The mortgage payable is payable in semiannual installments of $4,600 each plus interest. The next payment is due on October 31, 2018. Interest has been properly accrued and is included in accrued expenses 5. Nine hundred thousand shares of no par common stock are authorized, of which 240,000 shares have been issued and are outstanding. 6. The land account includes $52,000 representing the cost of the land on which the company's office building resides. The remaining $27,000 is the cost of land that the company is holding for investment purposes Required: Prepare a classified balance sheet for the Excell Company at June 30, 2018. (Amounts to be deducted should be indicated by a minus sign.)