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In: AccountingPresented below is the trial balance of Splish Corporation atDecember 31, 2017.DebitCreditCash...Presented below is the trial balance of Splish Corporation atDecember 31, 2017.DebitCreditCash$ 200,230Sales$ 8,104,580Debt Investments (trading) (cost, $145,000)157,580Cost of Goods Sold4,800,000Debt Investments (long-term)302,230Equity Investments (long-term)280,230Notes Payable (short-term)94,580Accounts Payable459,580Selling Expenses2,004,580Investment Revenue67,550Land264,580Buildings1,043,230Dividends Payable139,230Accrued Liabilities100,580Accounts Receivable439,580Accumulated Depreciation-Buildings152,000Allowance for Doubtful Accounts29,580Administrative Expenses904,550Interest Expense215,550Inventory600,230Gain (extraordinary)84,550Notes Payable (long-term)903,230Equipment604,580Bonds Payable1,003,230Accumulated Depreciation-Equipment60,000Franchises160,000Common Stock ($5 par)1,004,580Treasury Stock195,580Patents195,000Retained Earnings81,230Paid-in Capital in Excess of Par83,230 Totals$12,367,730$12,367,730Prepare a balance sheet at December 31, 2017, for SplishCorporation. (Ignore income taxes).