E$2\mathrm{.}6($LO $1),$ AP The following items are taken from the financial statements of Carmen Co$.$ at December $31,2025.$

Land $$195,600$

Accounts receivable $21,700$

Supplies $9,200$

Cash $11,840$

Equipment $82,400$

Buildings $261,200$

Land improvements $45,780$

Notes receivable $($due in $2026)5,300$

Accumulated depreciation$$land improvements $12,600$

Common stock $75,000$

Retained earnings $($December $31,2025)495,000$

Accumulated depreciation$$buildings $32,600$

Accounts payable $9,500$

Mortgage payable $93,600$

Accumulated depreciation$$equipment $18,720$

Interest payable $3,600$

Income taxes payable $14,700$

Patents $46,700$

Investments in stock $($long$-$term$)71,500$

Debt investments $($short$-$term$)4,100$

Instructions

Prepare a classified balance sheet. Assume that $$9,100$ of the mortgage payable will be paid in $2026.$