Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 640,000 530,000 2,280,000 220,000 $3,670,000 $ 440.000 830,000 2,400,000 $3,670,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $160,000; accounts receivable (net). $210,000; inventory, $235,000; and prepaid insurance, $35,000 b. Investments: investment in equity securities, short term, $100,000, and long term, $170,000, and restricted cash, long term, $260,000. c. Property, plant, and equipment buildings. $1,600,000 less accumulated depreciation, $610,000; equipment, $600,000 less accumulated depreciation, $210,000, and land, $900,000. d. Intangible assets net of amortization: patent, $120,000; and copyright, $100,000. e. Current liabilities: accounts payable, $110,000, notes payable, short term, $160,000, and long term, $100,000; and income taxes payable, $70,000. f. Long-term liabilities: bonds payable due 2023. 9. Shareholders' equity: common stock, $1,500,000; retained earnings, $900,000. Six hundred thousand shares of no par common stock are authorized, of which 300,000 shares were issued and are outstanding. Required: Prepare a corrected classified balance sheet for HHD, Inc., at December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) HHD, INC. Balance Sheet At December 31, 2021 Assets Current assets: Cash Prepaid insurance Inventory Accounts receivable (net) Investment in equity securities Total current assets Investments: Common stock Restricted cash Total investments Property, plant, and equipment: Land Buildings Equipment 0 Less: Accumulated depreciation - buildings Less: Accumulated depreciation - equipment Net property, plant, and equipment: Intangible assets: Patent (net) Copyright (net) Total intangible assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Income taxes payable Total current liabilities Long-term liabilities: Bonds payable Notes payable Total long-term liabilities Total liabilities Shareholders' equity: Common stock Retained earnings Total shareholders' equity Total liabilities and shareholders' equity