The following data, presented in alphabetical order, are taken from the records of

Radar Corporation.

Accounts payable................... $ 240,000

Accounts receivable.................. 140,000

Accumulated depreciation—buildings..............180,000

Accumulated depreciation—equipment...........52,000

Allowance for doubtful accounts.................6,000

Bonds payable (10%, due 2020)..............500,000

Buildings.......................950,000

Cash..........................42,000

Common stock ($10 par value; 500,000 shares authorized,

150,000 shares issued).................1,500,000

Dividends payable...................80,000

Equipment........................275,000

Goodwill.......................200,000

Income taxes payable..................120,000

Inventory.......................170,000

Investment in Sasse common stock (10% ownership), at cost....278,000

Investment in Mara common stock (30% ownership), at equity.380,000

Land........................390,000

Market adjustment—available-for-sale securities (Dr)......8,000

Notes payable (due 2013).................70,000

Paid-in capital in excess of par—common stock.......130,000

Premium on bonds payable..................40,000

Prepaid insurance.....................16,000

Retained earnings...................103,000

Short-term investments, at fair value (and cost)........180,000

Unrealized gain—available-for-sale securities...........8,000

The investment in Sasse common stock is considered to be a long-term available-for-sale security.

Instructions

Prepare a classified balance sheet at December 31, 2012.