Please complete the classifed balance sheet based on the following trial balance Debit Credit Cash $167,000.00 Sales Revenue $1,500,000.00 Debt Investments (trading) at cost $120,000 $160,000.00 Cost of Goods Sold $500,000.00 Debt Investments (long term) $550,000.00 Equity Investment (long term) $300,000.00 Notes Payable (short Term) $300,000.00 Accounts Payable $700,000.00 Investment Revenue $30,000.00 Selling Expense $200,000.00 Buildings $1,200,000.00 Land $500,000.00 Dividends Payable $210,000.00 Accrued Liabilities $350,000.00 Accounts Recievable $500,000.00 Allowance for Doubtful Accounts $50,000.00 Accumulated Depreciation -Building $300,000.00 Administrative Expense $100,000.00 Interest Expense $50,000.00 Gain $70,000.00 Inventory $625,000.00 Notes Payable (long-term) $600,000.00 Bonds Payable $900,000.00 Equipment $680,000.00 Accumulated Depreciation - Equipment $260,000.00 Common Stock ($4 par) $400,000.00 Franchises $240,000.00 Treasury Stock $138,000.00 Patents $160,000.00 Retained Earnings $- Paid-in-Capital in Excess of Par $400,000.00 Total $6,070,000.00 $6,070,000.00 Instructions:
Prepare a classified balance sheet in good format.