The following items are taken from the 1998 balance sheet of Yahoo, Inc. (in thousands).

Instructions Prepare a balance sheet for Yahoo! Inc. as of December 31, 1998.

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Common stock Property and equipment, net Accounts payable $523,020 15,189 6,302 Other assets 49,190 Long-term investments 90,266 Accounts receivable 24,831 Prepaid expenses and other current assets 8,909 Short-term investments 308,025 Retained earnings 13,190 Cash and cash equivalents 125,474 Long-term liabilities 5,691 Accrued expenses and other current liabilities 35,380 Unearned revenue-current 38,301