Problem 16-06A The following data, presented in alphabetical order, are taken from the records of Sunland Corporation. Accounts payable $239,500 Accounts receivable 141,000 Accumulated depreciation-buildings 180,300 Accumulated depreciation-equipment 51,300 Allowance for doubtful accounts 6,000 Bonds payable (10%, due 2028) 499,200 Buildings 949,300 Cash 42,600 Common stock ($10 par value; 508,200 shares authorized, 149,400 shares issued) 1,494,000 Dividends payable 79,800 Equipment 274,600 Goodwill 200,100 Income taxes payable 120,200 Inventory 169,300 Investment in Mara common stock (30% ownership), at equity 379,400 Investment in Sasse common stock, at fair value 278,400 Land 390,900 Notes payable (due 2021) 70,900 Paid-in capital in excess of par-common stock 138,800 Premium on bonds payable 39,500 Prepaid insurance 16,800 Retained earnings 102,900 Short-term investments, at fair value 180,000 Prepare a classified balance sheet at December 31, 2020. (List assets in order of liquidity. List Property, plant and equipment list in order of land, buildings and equipment.) SUNLAND CORPORATION Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work