Detailed balance sheet illustrating current assets, property plant & equipment, other assets, current liabilities, long-term liabilities, and equity.

- The balance sheet is balanced, with Total Assets of $60,000 equaling Total Liabilities + Equity of $60,000.
- Total Current Assets are correctly calculated at $30,000 (sum of six items each valued at $5,000).
- Total PP&E is correctly calculated at $10,000 (Land $5,000 + Buildings $5,000 + Equipment $5,000 - Accum. Depreciation $5,000).
- Total Other Assets are correctly calculated at $20,000 (sum of four items each valued at $5,000).
- Total Liabilities are incorrectly labeled as $45,000; the correct total is $30,000 (Current Liabilities $30,000 + Long-Term Liabilities $15,000).
- The label "Total Current Assets" under Long-Term Liabilities is incorrect; it should be "Total Long-Term Liabilities" and the amount should be $15,000.
- Total Equity is correctly calculated at $15,000 (sum of three items each valued at $5,000).