The following data, presented in alphabetical order, are taken from the records of Sandhill Corporation.

Accounts payable		$241,000
Accounts receivable		139,500
Accumulated depreciation—buildings		181,000
Accumulated depreciation—equipment		51,100
Allowance for doubtful accounts		5,800
Bonds payable (10%, due 2028)		500,000
Buildings		949,300
Cash		41,200
Common stock ($10 par value; 507,100 shares authorized, 149,100 shares issued)		1,491,000
Dividends payable		80,000
Equipment		275,200
Goodwill		199,900
Income taxes payable		120,500
Inventory		169,100
Investment in Mara common stock (30% ownership), at equity		380,500
Investment in Sasse common stock, at fair value		278,900
Land		389,600
Notes payable (due 2021)		69,700
Paid-in capital in excess of par—common stock		135,500
Premium on bonds payable		40,500
Prepaid insurance		16,600
Retained earnings		103,000
Short-term investments, at fair value		179,300

The investment in Sasse common stock is considered to be a long-term security.

Prepare a classified balance sheet at December 31, 2020. (List assets in order of liquidity. List Property, plant and equipment list in order of land, buildings and equipment.)