its only one problem please give me the Correct answers !!

CH 2 The following balance sheet for the Hubbard Corporation was prepared by the company 5 paints Skloped HARD CORPORATION Balance Sheet At December 31, 2021 Assets Buildings Land Cash Accounts receivable (net) Inventory Machinery Talent (net) Investment in equity securities Total to Liabilities and shareholders' Equity Accounts payable Accumulated depreciation Notes payable Appreciation of inventory Common stock (authorized and issued 101,000 shares of no par stock) Retained earnings Total liabilities and shareholders' equity 751,000 253,000 61,000 122,000 242,000 281,000 101.000 62,000 $1.075,000 eBook Print $ 216,000 256,000 502,000 81,000 References 404,000 414,000 $1,873,000 Additional information: 1. The buildings, land, and machinery are all stated at cost except for a parcel of land that the company is holding for future sale. The lond originally cost $51.000 but due to a significant increase in market value is listed of $122,000. The increase in the land account was credited to retained earnings 2. The investment in equity securities account consists of stocks of other corporations and are recorded at cost, $21,000 of which we be sold in the coming year. The remainder will be held indefinitely 3. Notes payable are all long term. However , a $110.000 note requires an installiment payment of $27.500 due in the coming year, 4. Inventory is recorded at current resale value. The original cost of the inventory is $161.000 Required: Prepare a corrected classified balance sheet for the Hubbard Corporation at December 31, 2021. (Amounts to be deducted should be Indicated by a minus sian.) 2 Required: Prepare a corrected classified balance sheet for the Hubbard Corporation at December 31, 2021. (Amounts to be deducted should be Indicated by a minus sign.) 5 points kipped HUBBARD CORPORATION Balance Sheet Al December 31, 2021 Assets Current assets Book Print Total current as Investments: 0 References 0 Total investments Property, plant, and equipment 0 0 Net property, plant, and equipment intang ble assets apter 3 Problems Saved Help 2 5 points 0 skog Not property, plant, and equipment Intangible assets 0 eBook Total assets $ Liabilities and Shareholders' Equity Current liabilities References Total current liabilities Long-term abilities: O Total abilities Shareholders' equity 0 Total shareholders' equity Total abilities and shareholders' equity 0 $ 0