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The following items are taken from the financial statements of Ivanhoe Company at December 31, 2022. Land $ 197,900 Accounts receivable 22,000 Supplies 10,200 Cash

The following items are taken from the financial statements of Ivanhoe Company at December 31, 2022.

Land $ 197,900
Accounts receivable 22,000
Supplies 10,200
Cash 12,050
Equipment 82,100
Buildings 261,200
Land improvements 45,900
Notes receivable (due in 2023) 6,200
Accumulated depreciationland improvements 12,700
Common stock 80,000
Retained earnings (December 31, 2022) 495,000
Accumulated depreciationbuildings 33,600
Accounts payable 9,800
Mortgage payable 91,900
Accumulated depreciationequipment 18,950
Interest payable 3,400
Income taxes payable 15,500
Patents 46,700
Investments in stock (long-term) 71,300
Debt investments (short-term)

5,300

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Prepare a classified balance sheet. Assume that $ 9,300 of the mortgage payable will be paid in 2023. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings, Equipment and Land Improvements.) IVANHOE COMPANY Balance Sheet December 31, 2022 (in millions) Assets $ HL Liabilities and Stockholders' Equity

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