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The following items are taken from the financial statements of Sunland Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements

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The following items are taken from the financial statements of Sunland Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements M Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $196,800 22.200 10,000 11,900 83,400 263.000 45,900 5,300 13,400 70,000 492,000 33,700 9,900 105,150 18,950 3,800 15,100 46,600 71,900 5,000 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, B SUNLAND COMPANY Balance Sheet (in millions) Assets 11900 $ 22200 10000 5000 Liabilities and Stockholders' Equity $ $ $

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