The following data, presented in alphabetical order, are taken from the records of Prepare a balance sheet. Oklahoma Corporation.

\section*{Instructions}
Prepare a balance sheet at December 31, 1996.

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Accounts payable Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment Allowance for doubtful accounts $ 240,000 110,000 180,000 52,000 6,000 Bonds payable (10%, due 2012) 400,000 Bond sinking fund 360,000 Buildings 900,000 Cash 92,000 Common stock ($5 par value; 500,000 shares authorized, 300,000 shares issued) 1,500,000 Discount on bonds payable 20,000 Dividends payable 50,000 Equipment 275,000 Goodwill Income taxes payable 200,000 120,000