Using the information from the alphabetized post-closing trial balance below, prepare a classified balance sheet for Malta Industries Inc. as at October 31, 2020. Be sure to use proper form, including all appropriate subtotals.

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Account Balance Account Description Accounts Payable. Accounts Receivable.. $ 221,200 315,000 1,166,200 Accumulated Depreciation-Building. Accumulated Depreciation-Machinery 1,068,200 Building. 4,025,000 Cash. 497,000 Common Shares (unlimited shares authorized; 50,000 shares issued at an average price of $44.80 per share; market price per share on October 31, 2020, $79.80). Land. 1,400,000 Long-Term Notes Payable (due in 2024). 770,000 2,240,000 Machinery. Office Supplies. 119,000 Preferred Shares ($2.10 non-cumulative, unlimited shares authorized; 30,000 shares issued at an average price of $48 per share; market price per share on October 31, 2020, $72). Prepaid Insurance. 20,400 Retained Earnings. Unearned Revenue 33,600 Wages Payable.. 156,000 "Assume all accounts have normal balances.