Presented below is the balance sheet for HHD, Inc., at December 31, 2018.

The captions shown in the summarized statement above include the following:
a. Current assets: cash, $150,000; accounts receivable, $200,000; inventories, $225,000; and prepaid insurance, $25,000.
b. Investments: investments in common stock, short term, $90,000, and long term, $160,000; and restricted cash, long term, $250,000.
c. Property, plant, and equipment: buildings, $1,500,000 less accumulated depreciation, $600,000; equipment, $500,000 less accumulated depreciation, $200,000; and land, $800,000.
d. Intangible assets: patent, $110,000; and copyright, $90,000.
e. Current liabilities: accounts payable, $100,000; notes payable, short term, $150,000, and long term, $90,000; and taxes payable, $60,000.
f. Long-term liabilities: bonds payable due 2023.
g. Shareholders' equity: common stock, $1,000,000; retained earnings, $800,000. Five hundred thousand shares of no par common stock are authorized, of which 200,000 shares were issued and are outstanding.
Required:
Prepare a corrected classified balance sheet for HHD, Inc., at December 31, 2018.

Current assets Investments Property, plant, and equipment Intangible assets 600,000 Crnt liabilities 500,000 Long-term liabilities 400,000 1,100,000 1,800,000 2,000,000 Shareholders' equity 200,000 Total assets $3,300,000 Total liabilities and shareholders' equity $3,300,000