The following is a December 31, 2018, post-closing trial balancefor Georgetown, Inc. .

Account Title		Debits			Credits
Cash	$	45,000
Investments		110,000
Accounts receivable		60,000
Inventories		200,000
Prepaid insurance (for the next 9 months)		9,000
Land		90,000
Buildings		420,000
Accumulated depreciation—buildings				$	100,000
Equipment		110,000
Accumulated depreciation—equipment					60,000
Patents (net of amortization)		10,000
Accounts payable					75,000
Notes payable					130,000
Interest payable					20,000
Bonds Payable					240,000
Common stock					300,000
Retained earnings					129,000
Totals	$	1,054,000		$	1,054,000

Additional information:

1. The investment account includes an investment in common stockof another corporation of $30,000 which management intends to holdfor at least three years. The balance of these investments isintended to be sold in the coming year.
2. The land account includes land which cost $25,000 that thecompany has not used and is currently listed for sale.
3. The cash account includes $15,000 restricted in a fund to paybonds payable that mature in 2021 and $23,000 restricted in athree-month Treasury bill.
4. The notes payable account consists of the following:

1. a $30,000 note due in six months.
2. a $50,000 note due in six years.
3. a $50,000 note due in five annual installments of $10,000 each,with the next installment due February 15, 2019.

5. The $60,000 balance in accounts receivable is net of anallowance for uncollectible accounts of $8,000.
6. The common stock account represents 100,000 shares of no parvalue common stock issued and outstanding. The corporation has500,000 shares authorized.

Required:
Prepare a classified balance sheet for Georgetown as of December31, 2018.