Prepare a balance sheet at December 31, 2014, for Scott Butler Corporation.

Presented below is the trial balance of Scott Butler Corporation at December 31, 2014.DebitCreditCash$ 197,000Sales$ 8,100,000Debt Investments (trading) (cost, $145,000)153,000Cost of Goods Sold4,800,000Debt Investments (long-term)299,000Equity Investments (long-term)277,000Notes Payable (short-term)90,000Accounts Payable455,000Selling Expenses2,000,000Investment Revenue63,000Land260,000Buildings1,040,000Dividends Payable136,000Accrued Liabilities96,000Accounts Receivable435,000Accumulated Depreciation-Buildings152,000Allowance for Doubtful Accounts25,000Administrative Expenses900,000Interest Expense211,000Inventory597,000Gain (extraordinary)80,000Notes Payable (long-term)900,000Equipment600,000Bonds Payable1,000,000Accumulated Depreciation-Equipment60,000Franchises160,000Common Stock ($5 par)1,000,000Treasury Stock191,000Patents195,000Retained Earnings78,000Paid-in Capital in Excess of Par80,000 Totals$12,315,000$12,315,000Prepare 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.)

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