Answer:
Tamarisk, Inc.
Classified Balance Sheet 
As of December 31, 2020:
ASSETS:
Current Assets:
Cash                                     $362,340 
Equity investments (trading)  123,330
Notes receivable                    448,040
Income taxes receivable         99,960 
Inventory                                 242,140
Prepaid expenses                   90,260
Total current assets                                  $1,366,070
Equipment         1,472,340
Accumulated
 Depreciation    (292,490)   1,179,850  
Buildings           1,642,330
Accumulated
 Depreciation     (270,446
)  1,371,884
Land                                      482,340 
Goodwill                                  27,340
Total long-term assets                             $3,061,414
Total assets                                             $4,427,484
LIABILITIES
Current Liabilities
Accounts payable               492,340 
Payroll Taxes Payable          179,931 
Income taxes payable         100,702
Rent payable (short-term)     47,340
Discount on bonds  payable  15,490
Notes payable (to  banks)   267,340
Total current liabilities                             $1,103,143
Bonds payable                       302,340 
Rent payable (long-term)      482,340
Notes payable  (long-term) 1,602,330
Total long-term liabilities                      $2,387,010
Total Liabilities                                      $3,490,153
EQUITY
Common stock, 400,000 shares authorized
Issued, 202,340 shares at
 $1 par value                      202,340
Preferred stock, 200,000 shares authorized
Issued, 15,234 shares at
 $10 par value                    152,340
Retained earnings            582,651 
Total Equity                                                $937,331
Total liabilities & Stockholders' equity $4,427,484
Explanation:
a) Data:
Account Title                            Debit        Credit
Cash                                     $362,340 
Equity investments (trading)  123,330
Notes receivable                    448,040
Income taxes receivable         99,960 
Inventory                                 242,140
Prepaid expenses                   90,260
Equipment                           1,472,340
Accumulated Depreciation-Equipment    $292,490  
Buildings                             1,642,330
Accumulated Depreciation-Buildings         270,446
Land                                      482,340 
Goodwill                                  27,340 
Accounts payable                                       492,340 
Payroll Taxes Payable                                  179,931 
Income taxes payable                                 100,702
Rent payable (short-term)                            47,340
Discount on bonds  payable                         15,490
Notes payable (to  banks)                          267,340
Bonds payable                                          302,340 
Rent payable (long-term)                         482,340
Notes payable  (long-term)                    1,602,330 
Common stock, $1 par value                  202,340
Preferred stock, $10 par value                152,340
Retained earnings                                   582,651 
Total                             $4,990,420  $4,990,420