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ES Problem 2-1A Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.) Goodwil Common stock

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ES Problem 2-1A Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.) Goodwil Common stock Equipment Accounts payable Patents Stock investments (long-term) Accounts receivable Prepaid rent Debt investments (short-term) Retained earnings Cash Notes payable (long-term) Unearned sales revenue Accumulated depreciation-equipment $3,927 6,283 1,737 152 234 3,247 1,061 233 1,160 6,108 2,292 734 413 201 Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2017. (List current assets in order of liquidity.) Yahoo! Inc. Balance Sheet Amounts are in millions Assets

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