02.020, 11:59:56 PM (America/Vancouver-OB:00) Question 7 View Policies Current Attempt in Progress The following items were taken from the financial statements of J. Blossom Company on December 31, 2021. (All amounts are in thousands) Long-term debt $870 Accumulated depreciation-equipment $5,695 Prepaid insurance 930 Accounts payable 1,484 Equipment 11.450 Notes payable (due after 2022) 390 Long-term investments 264 J. Blossom, capital 12,745 Short-term investments 3,750 Accounts receivable 1,266 Notes payable (due in 2022) 450 Merchandise inventory 1.266 Cash 2,708 Prepare a classified balance sheet in good form as at December 31, 2021. (List Current Assets in order of liquidity J. BLOSSOM COMPANY Balance Sheet (in thousands) Assets Liabilities and Owner's Equity