The following items are taken from the 2004 balance sheet of Yahoo!, Inc. (All sheet. dollars are in thousands.)

(SO 1)

Intangible assets $3,031,623 Common stock 5,684,300 Property and equipment, net 531,696 Accounts payable 48,205 Other assets 481,832 Long-term investments 1,042,575 Accounts receivable 483,951 Prepaid expenses and other current assets 94,549 Short-term investments 2,688,252 Retained earnings 1,417,146 Cash and cash equivalents 823,723 Long-term debt 750,000 Accrued expenses and other current liabilities 853,115 Unearned revenue—current 21D 387 Other long-term liabilities 146,048 Instructions Tot. current assets $4,090,475 Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2004.

Tot. assets $9,178,201 Prepare financial statements.