CES Exercise 2-6 Suppose the following items were taken from the 2017 financial statements of Wildhorse Co.. (All dollars are in millions.) $2,280 Accumulated depreciation equipment Common stock $3,640 Prepaid rent 150 Accounts payable 1,140 Equipment 6,980 Patents 2,340 Stock investments (long- term) Notes payable (long-term) 720 920 Debt investments (short- term) 1,690 Retained earnings 8,350 Income taxes payable 140 Accounts receivable 1,860 Cash 1,460 Inventory 1,270 Prepare a classified balance sheet in good form as of December 31, 2017. (ist current assets in order of liquidity,) Wildhorse Co. Balance Sheet Assets All Rights Reserved. A Division of ssignmen ES Liabilities and Stockholders' Equity