Question: [Problem 4: 20 points) Selected amounts from the JFK Corporation 's trial balance of 12/31/2020 appear below: i $ Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment

 [Problem 4: 20 points) Selected amounts from the JFK Corporation 's

[Problem 4: 20 points) Selected amounts from the JFK Corporation 's trial balance of 12/31/2020 appear below: i $ Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Bonds Payable Cash Common Stock Equipment Inventory Notes Payable (due 6/1/2020) Prepaid Rent Retained Earnings Patent Pension funds 160,000 100,000 200,000 500,000 150,000 60,000 840,000 300,000 200,000 150,000 818,000 30,000 10. 11. 12. 13. Instruction: Prepare a classified balance sheet for JFK Corporation at December 31, 2020. In the balance sheet, report the sum of the following accounts, if any: (1) current assets. (2) long- term investment, (3) property, plant and equipment, (4) intangible assets. (5) current liabilities, (6) long-term liabilities, and (7) stockholders' equity (Note: present each item in the correct order]

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