Cash The December 31, 2021, post-closing trial balance (s in thousands) for Libby Corporation is presented below Debits Credits investments (long-ters) 23,500 57.ee Accounts receivable 32,000 Allowance for uncollectible accounts 8,500 Prepaid insurance 5,500 Inventory 110,000 Land 47,000 Buildings 150,00 Accumulated depreciation-buildings 52,000 Equipsent 135.500 Accumulated depreciation equipment 32,000 Patents (unamortired balance) 6,000 Accounts payable R500 Notes payable, due 2022 62,00 Interest payable 11,000 Bonds payable, due 2031 130,000 Common stock (no par), 24,000 shares 180,000 authorized, issued, and outstanding Retained earnings 47.500 Totals 566,500 566,500 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 collars.) LiBeY CORPORATION Balance Sheet At December 31, 2021 15 in thousands) Assets Total current assets Property, plant, and equipment Netbook value of building Net book balue of equipment Net Property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Total current liabilites Long-term liabilities Total abilities Shareholders equity Total shareholders equity Totabiles and shareholders' equity Cash The December 31, 2021, post-closing trial balance (s in thousands) for Libby Corporation is presented below Debits Credits investments (long-ters) 23,500 57.ee Accounts receivable 32,000 Allowance for uncollectible accounts 8,500 Prepaid insurance 5,500 Inventory 110,000 Land 47,000 Buildings 150,00 Accumulated depreciation-buildings 52,000 Equipsent 135.500 Accumulated depreciation equipment 32,000 Patents (unamortired balance) 6,000 Accounts payable R500 Notes payable, due 2022 62,00 Interest payable 11,000 Bonds payable, due 2031 130,000 Common stock (no par), 24,000 shares 180,000 authorized, issued, and outstanding Retained earnings 47.500 Totals 566,500 566,500 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 collars.) LiBeY CORPORATION Balance Sheet At December 31, 2021 15 in thousands) Assets Total current assets Property, plant, and equipment Netbook value of building Net book balue of equipment Net Property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Total current liabilites Long-term liabilities Total abilities Shareholders equity Total shareholders equity Totabiles and shareholders' equity