Martinez Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in

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Martinez Company has decided to expand its operations. Thebookkeeper recently completed the following balance sheet in orderto obtain additional funds for expansion.
MARTINEZ COMPANYBALANCE SHEETFOR THE YEAR ENDED 2020
Prepare a revised balance sheet given the available information.Assume that the accumulated depreciation balance for the buildingsis $172,000 and for the equipment, $117,000. The allowance fordoubtful accounts has a balance of $29,000. The pension obligationis considered a long-term liability. (List CurrentAssets in order of liquidity. List Property, Plant and Equipment inorder of Buildings and Equipment. Enter account name only and donot provide the descriptive information provided in thequestion.)