Question: View Policies Current Attempt in Progress The following items are taken from the financial statements of Carla Vista Co. at December 31, 2022. Land $

 View Policies Current Attempt in Progress The following items are takenfrom the financial statements of Carla Vista Co. at December 31, 2022.Land $ 195,000 Accounts receivable 21,800 Supplies 10,200 Cash 11,950 Equipment 82,800Buildings 263,200 Land improvements 45,850 Notes receivable (due in 2023) 5,500 Accumulateddepreciation-land improvements 12,200 77,500 Common stock Retained earnings (December 31, 2022) 509,000

View Policies Current Attempt in Progress The following items are taken from the financial statements of Carla Vista Co. at December 31, 2022. Land $ 195,000 Accounts receivable 21,800 Supplies 10,200 Cash 11,950 Equipment 82,800 Buildings 263,200 Land improvements 45,850 Notes receivable (due in 2023) 5,500 Accumulated depreciation-land improvements 12,200 77,500 Common stock Retained earnings (December 31, 2022) 509,000 Accumulated depreciation-buildings 33,800 Accounts payable 9,100 Mortgage payable 81,300 Buildings 263,200 Land improvements 45,850 Notes receivable (due in 2023) 5,500 Accumulated depreciation-land improvements 12.200 Common stock 77,500 Retained earnings (December 31, 2022) 509,000 Accumulated depreciation-buildings 33,800 Accounts payable 9,100 Mortgage payable 81,300 Accumulated depreciation equipment 18,900 Interest payable 3,400 Income taxes payable 15,600 Patents 46,800 Investments in stock (long-term) 72,800 Debt investments (short-term) 4.900 Prepare a classified balance sheet. Assume that $ 9,400 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.) Prepare a classified balance sheet. Assume that $ 9,400 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.) CARLA VISTA CO. Balance Sheet December 31, 2022 (in millions) Assets Current Assets Cash $ Debt Investments Accounts Receivable Notes Receivable Supplies Total Current Assets Long-Term Investments Investments in stock (long-term) Long-Term Investments $ Liabilities and Stockholders' Equity $

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