Classified Balance Sheets The following (given in scramble

Classified Balance Sheets The following (given in scrambled order) are accounts and balances from the accounting records of Alleg Inc. as of December 31 2012 after the books were closed for the year. Common stock authorized 21000 share At $1 par value issued 12000 shares $12000 Additional paid-in capital 38000 Cash 14000 Marketable securities 17000 Accounts receivable 26000 Accounts Payable 16000 Current maturities of long-term debt 11000 Mortgages payable 80000 Bonds payable 65000 Inventory 33000 Land and buildings 57000 Machinery and equipment 120000 Goodwill 13000 Patents 9000 Other assets 45000 Deferred income taxes (long-term liability) 18000 Retained earnings 33000 Accumulated depreciation 61000 Bonds and mortgages generally have 10-30 years until maturity. Marketable securities are short-term investments that can be converted to cash in a matter of minutes. Required:

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