As controller for Henderson, you are attempting to reconstruct and revise the following balance sheet prepared by a staff accountant Henderson Manufacturing Company Balance Sheet At December 31, 2021 ($ in 000s) Assets Current assets Cash $ 1,650 Accounts receivable 4,150 Allowance for uncollectible accounts (400 ) Finished goods inventory 5,700 Prepaid expenses 3,800 Total current assets 14,900 Long term assets Investments 3,400 Raw materials and work in process inventory 4,300 Equipment 21,500 Accumulated depreciationequipment (9,400 ) Franchise Total assets $ Liabilities and Shareholders Equity Current liabilities Accounts payable $ 7,600 Notes payable 12,000 Interest payablenote 400 Deferred revenue 2,400 Total current liabilities 22,400 Long term liabilities Bonds payable 11,000 Interest payablebonds 200 Shareholders equity Common stock $ Retained earnings Total liabilities and shareholders equity Additional information ($ in 000s) Certain records that included the account balances for the franchise and shareholders equity items were lost However, a complete, preliminary balance sheet prepared before the records were lost showed a debt to equity ratio of 1 5 That is, total liabilities are 150 of total shareholders equity Retained earnings at the beginning of the year was $3,600 Net income for 2021 was $2,700, and $700 in cash dividends were declared and paid to shareholders The investments represent treasury bills purchased in December 2021 that mature in January 2022 These are considered cash equivalents Interest on both the notes and the bonds is payable annually The notes payable account contains one note that is due in annual installments of $1,200 for each payment due Deferred revenue will be recognized equally over the next 18 months The common stock represents 500,000 shares of no par stock authorized, of which 300,000 shares are issued and outstanding Required Prepare a complete, corrected, classified balance sheet (Do not round your intermediate calculations Enter your answers in the order of their liquidity Amounts to be deducted should be indicated by a minus sign Enter your answers in thousands of dollars )

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As controller for Henderson, you are attempting to reconstruct and revise the following balance sheet prepared by a staff accountant. Henderson Manufacturing Company Balance Sheet

As controller for Henderson, you are attempting to reconstruct and revise the following balance sheet prepared by a staff accountant.

Henderson Manufacturing Company Balance Sheet At December 31, 2021 ($ in 000s)
Assets
Current assets:
Cash			$	1,650
Accounts receivable				4,150
Allowance for uncollectible accounts				(400	)
Finished goods inventory				5,700
Prepaid expenses				3,800
Total current assets				14,900
Long-term assets:
Investments				3,400
Raw materials and work in process inventory				4,300
Equipment				21,500
Accumulated depreciationequipment				(9,400	)
Franchise				?
Total assets			$	?
Liabilities and Shareholders Equity
Current liabilities:
Accounts payable			$	7,600
Notes payable				12,000
Interest payablenote				400
Deferred revenue				2,400
Total current liabilities				22,400
Long-term liabilities:
Bonds payable				11,000
Interest payablebonds				200
Shareholders equity:
Common stock	$	?
Retained earnings		?		?
Total liabilities and shareholders equity				?

Additional information ($ in 000s):

Certain records that included the account balances for the franchise and shareholders equity items were lost. However, a complete, preliminary balance sheet prepared before the records were lost showed a debt to equity ratio of 1.5. That is, total liabilities are 150% of total shareholders equity. Retained earnings at the beginning of the year was $3,600. Net income for 2021 was $2,700, and $700 in cash dividends were declared and paid to shareholders.
The investments represent treasury bills purchased in December 2021 that mature in January 2022. These are considered cash equivalents.
Interest on both the notes and the bonds is payable annually.
The notes payable account contains one note that is due in annual installments of $1,200 for each payment due.
Deferred revenue will be recognized equally over the next 18 months.
The common stock represents 500,000 shares of no par stock authorized, of which 300,000 shares are issued and outstanding.

Required: Prepare a complete, corrected, classified balance sheet. (Do not round your intermediate calculations. Enter your answers in the order of their liquidity. Amounts to be deducted should be indicated by a minus sign. Enter your answers in thousands of dollars.)