Can I get help with both questions using the balance sheet templates provided.

Thank you

First Question:

Note 1: Buildings are stated at cost, except for one building that was recorded at appraised value. The excess of appraisal value over cost was $573,800. Depreciation has been recorded based on cost. Note 2: Goodwill in the amount of $123,800 was recognized because the company believed that book value was not an accurate representation of the fair value of the company. The gain of $123,800 was credited to Retained Earnings. Note 3: Notes payable are long-term except for the current installment due of $100,000. Prepare a corrected classied balance sheet in good form. The notes above are for information only. {List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, and Buildings. Enter account name only and do not provide the descriptive information provided in the question.) CONCORD CORPORATION Balance Sheet December 31, 2025 Current Assets For the Quarter Ended Cash December 31, 2025 $ For the Year Ended December 31, 2025 0 A v Assets Allocated to Trustee for Plant Expansion: \fPresented below are selected accounts of Pronghorn Company at December 31,2025. Inventory (nished goods) $56,300 Cost of Goods Sold $2,134,500 Unearned Service Revenue 99,900 Notes Receivable 41,000 Equipment 258,800 Accounts Receivable 171,010 Inventory (work in process) 39,400 Inventory (raw materials) 186,240 Cash 46,300 Supplies Expense 59,680 Debt Investments (trading) 38,100 Allowance for Doubtful Accounts 13,110 Customer Advances 37,900 Licenses 19,680 Restricted Cash for Plant Expansion 59,200 Additional Paid-in Capital 87,790 Treasury Stock 22,670 The following additional information is available. 1. Inventories are valued at lower-of-cost-or-market using LIFO. 2. Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $54,682. 3. The short-term investments have a fair value of $31,290. 4. The notes receivable are due April 30, 2027, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrue interest due on December 31, 2025.) 5. The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $53,900 are pledged as collateral on a bank loan. 6. Licenses are recorded net of accumulated amortization of $13,390. 7. Treasury stock is recorded at cost. Prepare the current assets section of Pronghorn Company's December 31,2025, balance sheet, with QDrOpriate disclosures. (List Current Assets in order of liquidity. Enter account name only and do not ovide the descriptive information provided in the question.) 1:27 PM Sat Jun 10 III "3'56%- ' SESSION 5 HOMEWORK Ch 4: Balance Sheet and Statement of Cash Flows (L0 4.1) Question 5 of5 Liabilities and Stockholders' Equity 0 (> 0 The balance sheet of Concord Corporation as of December 31, 2025, is as follows. Concord Corporation Balance Sheet December 31, 2025 Assets Goodwill (Note 2) $ 123,800 Buildings (Note 1) 1,640,000 Inventory 315,900 Land 950,000 Accounts receivable 173,800 Treasury stock (50,000 shares) 90,800 Cash on hand 179,700 Assets allocated to trustee for plant expansion Cash in bank 73,800 Debt investments (held-to-maturity) 141,800 $3,689,600 Equities Notes payable (Note 3) $ 603,800 Common stock, authorized and issued, 1,000,000 shares, no par 1,153,800 Retained earnings 865,600 Appreciation capital (Note 1) 573,800 Income taxes payable 78,800 Reserve for depreciation recorded to date on the building 413,800 0 $3,689,600 \f