CALCULATOR FULL SCREEN PRINTER VERSION BACK Y. Nick, and Frank are forming The Sunland Partnership. Terry is transferring $30,300 of personal cash and equipment worth $25,400 to the partnership. Nick owns land worth $17,700 and a small building worth $75,700, which he transfers to the partnership. There is a long-term mortgage of $20,500 on the land and building, which the partnership assumes. Frank transfers cash of $6,300, accounts receivable of $35,500, supplies worth $3,300, and equipment worth $22,900 to the partnership. The partnership expects to collect $31,900 of the accounts receivable. Prepare a classified balance sheet for the partnership after the partners investments on December 31, 2020. (List current assets in order of liquidity. List Property, plant and Equipment in order of land, Badings and Equipment.) THE SUNLAND PARTNERSHIP Balance Sheet Gradebook ORION Downloadable eTextbook CALCULATOR FULL SCREEN PRINTER VERNEON BACK NE Liabilities and Owners' Equity