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 $ 1,450 Accounts receivable 3,950 Allowance for uncollectible accounts (800 ) Finished goods inventory 5,300 Prepaid expenses 3,600 Total current assets 13,500 Long term assets Investments 3,200 Raw materials and work in process inventory 4,100 Equipment 20,500 Accumulated depreciationequipment (9,200 ) Franchise Total assets $ Liabilities and Shareholders Equity Current liabilities Accounts payable $ 7,400 Notes payable 10,000 Interest payablenote 200 Deferred revenue 3,600 Total current liabilities 21,200 Long term liabilities Bonds payable 9,000 Interest payablebonds 600 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 4 That is, total liabilities are 140 of total shareholders equity Retained earnings at the beginning of the year was $3,400 Net income for 2021 was $2,500, and $1,200 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 $1,000 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			$	1,450
Accounts receivable				3,950
Allowance for uncollectible accounts				(800	)
Finished goods inventory				5,300
Prepaid expenses				3,600
Total current assets				13,500
Long-term assets:
Investments				3,200
Raw materials and work in process inventory				4,100
Equipment				20,500
Accumulated depreciationequipment				(9,200	)
Franchise				?
Total assets			$	?
Liabilities and Shareholders Equity
Current liabilities:
Accounts payable			$	7,400
Notes payable				10,000
Interest payablenote				200
Deferred revenue				3,600
Total current liabilities				21,200
Long-term liabilities:
Bonds payable				9,000
Interest payablebonds				600
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 1.4. That is, total liabilities are 140% of total shareholders equity. Retained earnings at the beginning of the year was $3,400. Net income for 2021 was $2,500, and $1,200 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 $1,000 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.)