The following is a December 31, 2021, post-closing trial balance for Almway Corporation.


Account Title Debits Credits
Cash $65,000
Investment in equity securities 130,000
Accounts receivable 70,000
Inventory 210,000
Prepaid insurance (for the next 9 months) 8,000
Land 110,000
Buildings 430,000
Accumulated depreciation—buildings $110,000
Equipment 120,000
Accumulated depreciation—equipment 70,000
Patent (net) 20,000
Accounts payable 95,000
Notes payable 160,000
Interest payable 30,000
Bonds Payable 250,000
Common stock 330,000
Retained earnings 118,000
Totals $1,163,000 $1,163,000


Additional information:
The investment in equity securities account includes an investment in common stock of another corporation of $40,000 which management intends to hold for at least three years. The balance of these investments is intended to be sold in the coming year.The land account includes land which cost $35,000 that the company has not used and is currently listed for sale.The cash account includes $25,000 restricted in a fund to pay bonds payable that mature in 2024 and $33,000 restricted in a three-month Treasury bill.The notes payable account consists of the following:

a $40,000 note due in six months.
a $60,000 note due in six years.
a $60,000 note due in five annual installments of $12,000 each, with the next installment due February 15, 2022.

The $70,000 balance in accounts receivable is net of an allowance for uncollectible accounts of $7,000.The common stock account represents 110,000 shares of no par value common stock issued and outstanding. The corporation has 500,000 shares authorized.

Required:
Prepare a classified balance sheet for the Almway Corporation at December 31, 2021.