The following is the ending balances of accounts at June 30, 2018 for Excell Company. Credits Debits Account Title $ 109,000 91,000 306,000 58,000 101,000 346,000 Cash Short-term investments Accounts receivable Prepaid expenses oped Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Accounts payable Accrued expenses Notes payable Mortgage payable Common stock Retained earnings $ 173,000 278,000 ook 133,000 186,000 58,000 126,000 260,000 230,000 123,000 $1,289,000 int ences Totals $1,289,000 4 Additional information: 1. The short-term investments account includes $31,000 in U.S. treasury bills purchased in May. The bills mature in July. 2. The accounts receivable account consists of the following: ts $245,000 (20,000) 78,000 3,000 a. Amounts owed by customers b.Allowance for uncollectible accounts-trade customers c. Non trade note receivable (due in three years) d. Interest receivable on note (due in four sonths) skipped Total $386,000 eBook Print 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. ferences Required: Prepare a classified balance sheet for the Excell Company at June 30, 2018. (Amounts to be deducted should be indicater minus cian)