Exercise 5-12 Presented below is the trial balance of Scott Butler Corporation at December 31, 2014.

Exercise 5-12Presented below is the trial balance of Scott Butler Corporation at December 31, 2014.DebitCreditCash$ 201,060Sales$ 8,102,920Debt Investments (trading) (cost, $145,000)155,920Cost of Goods Sold4,802,920Debt Investments (long-term)303,060Equity Investments (long-term)281,060Notes Payable (short-term)92,920Accounts Payable457,920Selling Expenses2,002,920Investment Revenue64,870Land260,000Buildings1,044,060Dividends Payable140,060Accrued Liabilities98,920Accounts Receivable437,920Accumulated Depreciation-Buildings152,000Allowance for Doubtful Accounts27,920Administrative Expenses901,870Interest Expense212,870Inventory601,060Gain (extraordinary)81,870Notes Payable (long-term)904,060Equipment602,920Bonds Payable1,004,060Accumulated Depreciation-Equipment60,000Franchises160,000Common Stock ($5 par)1,002,920Treasury Stock193,920Patents195,000Retained Earnings82,060Paid-in Capital in Excess of Par84,060 Totals$12,356,560$12,356,560Prepare a balance sheet at December 31, 2014, for Scott Butler Corporation. (Ignore income taxes). (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)