The following is the ending balances of accounts at June 30, 2018 for Excell Company Account Title Credits $ Debit 109,000 91,000 306.000 58,000 101,000 346,000 278,000 Short-term investments Accounts receivable Prepaid expenses Land Buildings Accumulated depreciation buildings Equipment Accumulated depreciation equipment Accounts payable Acered expenses Notes payable Mortgage payable Common stock Retained sarnings Totale $ 173,000 133,000 186,000 58,000 126,000 260,000 230.000 123,000 51.289.000 299.000 Additional information: 1. The short-term investments account includes $31.000 in US treasury bills purchased in May. The bills mature in July 2. The accounts receivable account consists of the following a. mounts owed by customers b. Allowance for collectible accounts-trade customers 6. Non trade note receivable due in three years) d. Interest receivable on note (due in four month Total $245,000 (20,000) 78,000 3.000 $306,000 3. The notes payable account consists of two notes of $63.000 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 $6,000 each plus interest The next payment is due on October 31, 2018. Interest has been properly accrued and is included in accrued expenses 5. Eight hundred thousand shares of no par common stock are authorized, of which 460.000 shares have been issued and are outstanding 6. The land account includes $63,000 representing the cost of the land on which the company's office building resides. The remaining $38.000 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.) EXCELL COMPANY Al June 2018