Question 1 of 2 > -/3 E Current Attempt in Progress The following items are taken from the financial statements of Cullumber Company at December 31, 2022. Land $195.000 Accounts receivable 21,300 Supplied 9,000 Cash 11.850 Equipment 82.800 Buildings 264,000 Land improvements 45,750 Notes receivable (due in 2023) 6,400 Accumulated depreciation and improvements 12.100 Common stock 77,500 Retained earnings (December 31, 2022) 506,000 Accumulated depreciation-buildings 33,000 Accounts payable 9,600 Mortgage payable 85.200 Accumulated depreciation-equipment 19.000 Interest payable 3,000 Income taxes payable 15,700 Patents 47.400 Investments in stock (long term 72.900 Debt investments (short-term) 4,700 Prepare a classified balance sheet Assume that $9.500 of the mortgage payable will be paid in 2023. (List Current Assets in order of liquidity. List Property. Plant and Equipment in order of Land, Buildings, Equipment and Land Improvements.) CULLUMBER COMPANY Balance Sheet (in millions) Assets Prepare a classified balance sheet. Assume that $9.500 of the mortgage payable will be paid in 2023. (List Current Assets in order of liquidity. List Property. Plant and Equipment in order of Land, Buildings, Equipment and Land Improvements.) CULLUMBER COMPANY Balance Sheet . (in millions) Assets - Liabilities and Stockholders' Equity