Sagebrush Software Lid. had the following selected account balances at December 31, 2020 (in thousands).

Prepare the shareholders' equity section of Sagebrush Software's balance sheet (in thousands). Explain what is meant by "Deficit."

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Inventory.. Property, plant, and equipment, net..... Contributed surplus. Class B common shares, 5.000 shares issued.................. unlimited number authorized. $ 653 Class A common shares, 857 unlimited number authorized. 901 3,600 shares issued 90 Deficit 2,400 Accounts receivable, net 600 1.380 Notes payable... 1.122