The following is the ending balances of accounts at June 30, 2024, for Excell Company, Account Title Cash Short-term investments Accounts receivable (net) Debits $91,000 73,000 288,000 Credits Prepaid expenses (for the next 12 months) 40,000 Land 83,000 Buildings 328,000 Accumulated depreciation-buildings Equipment $164,000 269,000 Accumulated depreciation-equipment 124,000 177,000 Accounts payable Accrued liabilities Notes payable Mortgage payable Common stock Retained earnings Totals Additional information: 49,000 108,000 210,000 140,000 200,000 $ 1,172,000 $ 1,172,000) 1. The short-term investments account includes $22.000 in U.S. treasury bills purchased in May. The bills mature in July, 2024. 2. The accounts receivable account consists of the following a. Amounts owed by customers b. Allowance for uncollectible accounts-trade customers c. Nontrade notes receivable (due in three years) d. Interest receivable on notes (due in four months) Total $229,000 (12,000) 69,000 2,000 5 288,000 3. The notes payable account consists of two notes of $54,000 each. One note is Qve on September 30, 2024, and the other is due on November 30, 2025. 4. The mortgage payable is a loan payable to the bank in semiannual installments of $4,200 each plus interest. The next payment is due on October 31, 2024. Interest has been properly accrued and is included in accrued expenses. 5. Six hundred thousand shares of no par common stock are authorized, of which 280,000 shares have been issued and are outstanding 6. The land account includes $54,000 representing the cost of the land on which the company's office building resides. The remaining $29.000 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, 2024. Note: Amounts to be deducted should be indicated by a minus sign. EXCELL COMPANY Balance Sheut At June 30, 2024 Current assets Cash and cash equivalents Accounts receivable (net) Interest receivable Short-term investments Prepaid expennes Total current assets Investments Notes tacoinbla Assets $ 113.000 113.000