Presented below are a number of balance sheet items for Teal, Inc

Problem 5-2Presented below are a number of balance sheet items for Teal, Inc., for the current year, 2017.Goodwill$ 128,780Accumulated Depreciation-Equipment$ 292,310Payroll Taxes Payable181,371Inventory243,580Bonds payable303,780Rent payable (short-term)48,780Discount on bonds payable15,310Income taxes payable102,142Cash363,780Rent payable (long-term)483,780Land483,780Common stock, $1 par value203,780Notes receivable449,480Preferred stock, $10 par value153,780Notes payable (to banks)268,780Prepaid expenses91,700Accounts payable493,780Equipment1,473,780Retained earnings?Equity investments (trading)124,780Income taxes receivable101,410Accumulated Depreciation-Buildings270,510Notes payable (long-term)1,603,780Buildings1,643,780Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of equity investments (trading) are the same. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.)