As controller for Henderson, you are attempting to reconstruct and revise the following balance sheet prepared by a staff accountant Henderson Manufacturing Coepany Balance sheet Deceaber 31, 2024 ( $ in bees) Assets: Current assetis? Cash Accounts recelvable Allowance for uncollectible accounts Finished goods inventory prepaid expenses Total current assets Long-term assets: Investments Row materials and work in process inventory Equapment- Accumulated depreciation-equipeent Franchise Total ossets 'iabilities and Shareholders' Equity Current 1iabilitiest Accounts payable Notes payable Interest poyable-note Deferned revenue Total current 14ahititiec $1,2503,750(600)7,0003,40014,3003,0003,90019,500(9,600)?575,2008,0004002,4001,.400 Additional information ( $ in 000s): 1. 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 $3,200. Net income for 2024 was $2,300, and $1,000 in cash dividends were declared and paid to shareholders. 2. The investments represent treasury bills purchased in December 2024 that mature in January 2025 . These are considered cash equivalents. 3. Interest on both the notes and the bonds is payable annually. 4. The notes payable account contains one note that is due in annual instaliments of $800 for each payment due 5. Deferred revenue will be recognized equally over the next 18 months 6. 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. Note: Do not round your intermediote 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. HENDERSON MANUFACTURING COMPANY Balance Sheet December 31,2024 (\$ in 000s, except share data) Assets Current assets: Inventory: Total current assets Property, plant, and equipment Net property, plant, and equipment Intangibles: Total assets Liabilities and Shareholders' Equity Liabilities and Shareholders' Equity urrent liabilities: ong-term liabilities: \begin{tabular}{|c|c|} \hline & \\ \hline Total liabilities & \\ \hline Shareholders equity & \\ \hline \end{tabular} Shareholders' equity: Total liabilities and shareholders' equity