Presented below is the trial balance of Scott Butler Corporation at December 31, 2014.
|Debt Investments (trading) (cost, $145,000)||154,350|
|Cost of Goods Sold||4,801,350|
|Debt Investments (long-term)||302,430|
|Equity Investments (long-term)||280,430|
|Notes Payable (short-term)||91,350|
|Allowance for Doubtful Accounts||26,350|
|Notes Payable (long-term)||903,430|
|Common Stock ($5 par)||1,001,350|
|Paid-in Capital in Excess of Par||83,430|
Prepare a balance sheet at December 31, 2014 for Scott Butler Corporation.
(Ignore income taxes)