Below is a list of accounts and year-end balances taken from the general ledger of Deep Drillers, Inc.

*Deep Drillers owns 42% of Susanna’s common stock.
Prepare the long-term asset section of the balance sheet in good form.

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$ 40,000 10,000 90.000 4,000 500,500 195,600 56,300 36,000 $3,000 Accumulated depreciation Treasury stock Building Land Drilling equipment Accounts receivable Dividend income 160,000 120,000 230,000 25,000 6,600 5,400 250,000 15,000 Goodwill Storage tanks Trademark Oil wells Investment in Susanna Co.* Construction in process Inventory of tools s payable Common stock Accumulated depletion