Current Attempt in Progress Presented below are a number of balance sheet items for Stellar, Inc. for the current year, 2017. Goodwill $ 213,400 Accumulated depreciation-equipment $ 467,900 Payroll taxes payable 68,700 Inventory 402,000 Bonds payable 503,400 Rent payable (short-term) 43,400 Discount on bonds payable 35,900 Income tax payable 114,200 Cash 64,400 Rent payable (long-term) 83,400 Land 354,400 Common stock, $1 par value 253,400 Notes receivable 163,900 Preferred stock, $25 par value 1,253,400 Notes payable (to banks) 268,300 Prepaid expenses 72,160 Accounts payable 350,400 Equipment 1,389,400 Retained earnings ? Equity investments (trading) 378,400 Income taxes receivable 49,000 Accumulated depreciation-buildings 362, 100 Unsecured notes payable (long-term) 1,303,400 Buildings 2,803,400 Prepare a classified balance sheet in good form. Common stock authorized was 1,000,000 shares, and preferred stock authorized was 50,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of equity investments (trading) are the same. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.) STELLAR, INC. Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $ Save for Later Attempts: 0 of 3 used Submit