12 The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Cash Debits 27,000 Credits Investments (long-term) 64,000 Accounts receivable 39,000 5 points Allowance for uncollectible accounts 8,000 Prepaid insurance 3,500 Inventory 145,000 01:37:18 Land 54,000 Buildings 185,000 Accumulated depreciation-buildings 59,000 Equipment 146,000 eBook Accumulated depreciation-equipment Patents (unamortized balance) Accounts payable Notes payable, due 2022 39,000 4,000 42,000 74,000 Interest payable Bonds payable, due 2031 Common stock (no par), 31,000 shares authorized, issued, and outstanding Retained earnings Totals 14,500 165,000 217,000 49,000 667,500 667,500 Required: Prepare a classified balance sheet for Libby Corporation at December 31, 2021. (Enter your answers in the order of their liquidity. Negative amounts should be entered by a minus sign. Enter your answers in thousands of dollars.) LIBBY CORPORATION Balance Sheet At December 31, 2021 ($ in thousands) Assets Total current assets Property, plant, and equipment Net book value of building Net book balue of equipment Net Property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Total current liabilities Long-term liabilities Total liabilities Shareholders' equity Total shareholder's equity Total liabilities and shareholders' equity