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These items are taken from the financial statements of Wildhorse Co. at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense

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These items are taken from the financial statements of Wildhorse Co. at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation--buildings Accounts payable Notes payable Accumulated depreciation-equipment Interest payable Service revenue $129,076 15,372 3,904 14,445 100,528 74,664 952 6,466 3,172 73,200 48,801 55,632 11,590 114,192 22,838 4,392 17,934 Prepare a classified balance sheet. Assume that $16,592 of the note payable will be paid in 2023. (List Current Assets in order of liquidity and Property. Plant and Fauipment in order of Land, Buildings and Equipment, WILDHORSE CO. Balance Sheet December 31, 2022 Assets Current Assets | Cash 14445 S Accounts Receivable 15372 Prepaid Insurance 3904 Total Current Assets 33721 Property, plant and Equipment Land 74664 Buildings 129076 Less 1. Accumulated Depreciation-Buildings 5563 73444 Equipment 100528 Less 1. Accumulated Depreciation Equipment 22838 77690 225798 Property, Plant and Equipment Liabilities and Stockholders' Equity Current Liabilities abilities Service Revenue 114192 Accounts Payable 11590 Interest Payable 4392 Total Current Liabilities 130174 Long-Term Liabilities Notes Payable Total Current Liabilities Long-Term Liabilities Notes Payable Total Long-Term Liabilities Total Liabilities and Stockholders' Equity

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