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The following items are taken from the financial statements of Oriole Company at December 31, 2022 Land $196,000 Accounts receivable 22,000 Supplies 11,000 Cash 11,800

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The following items are taken from the financial statements of Oriole Company at December 31, 2022 Land $196,000 Accounts receivable 22,000 Supplies 11,000 Cash 11,800 Equipment 82,200 Buildings 261,000 46,400 5,700 12,700 Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings 71,500 505,000 34,400 Accounts payable 9,000 Mortgage payable 91,700 Accumulated depreciation-equipment 18,700 Interest payable 3,300 Income taxes payable 14,500 Patents 47.400 72,800 Investments in stock (long-term) Debt investments (short-term) 4,500 Prepare a classified balance sheet. Assume that $ 9.100 of the mortgage payable will be paid in 20 liquidity. List Property, Plant and Equipment in order of Land, Buildings, Equipment and Land Improveme ORIOLE COMPANY Balance Sheet December 31, 2022 (in millions) Assets Current Assets Land 196,000 Debt Investments (short term 4,500 Supplies 11.000 Cash 11.800 Notes Receivable 5,700 Total Current Assets Long Term Investments Stock investments on torm) Property Plant and Equipment Equipment 82.200 Less Accumulated Depreciation Equipment (18.70 Buildings 261.000 Less Accumulated Depreciation Buildings (34.40 Land Improvements 46,400 Less Accumulated Depreciation Land Improvements (12.70 Intangible Assets Patents Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable $ 9.000 Income Taxes Payable 14 500 Interest Payable 3.300 Total Current Liabilities Long-Term Liabilities Mortgage Payable Total Liabilities Stockholders Equity Common Stock 71,500 Retained Earnings 505,000 Total Stockholders' Equity Total Liabilities and Stockholders' Equity e Textbook and Media List of Accounts Save for Later Last saved 5 seconds ago Attempts: 1 of 3 used Submit

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