The following is the ending balances of accounts at June $30,2024,$ for Excell Company. 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.

Additional information:

The short$-$term investments account includes $$37,000$ in U$.$S$.$ treasury bills purchased in May. The bills mature in July, $2024.$

The accounts receivable account consists of the following:

The notes payable account consists of two notes of $$69,000$ each. One note is due on September $30,2024,$ and the other is

due on November $30,2025.$

The mortgage payable is a loan payable to the bank in semiannual installments of $$6,400$ each plus interest. The next payment

is due on October $31,2024.$ Interest has been properly accrued and is included in accrued expenses.

Nine hundred thousand shares of no par common stock are authorized, of which $580,000$ shares have been issued and are

outstanding.

The land account includes $$69,000$ representing the cost of the land on which the company's office building resides. The

remaining $$44,000$ is the cost of land that the company is holding for investment purposes.