Exercise 4-16 The following items were taken from the financial statements of P. Blossom Company. (All amounts are in thousands.) Long-term debt $1.100 $5,200 Accumulated depreciation- equipment Accounts payable Notes payable (due after 2021) 810 11,500 400 1,000 300 Owner's capital 14,510 Prepaid insurance Equipment Stock investments (long- term) Debt investments (short- term) Notes payable (due in 2021) Cash Accounts receivable 1,400 4,200 600 2,800 Inventory 1,600 Prepare a classified balance sheet in good form as of December 31, 2020. (List Current Assets in order of liquidity. Enter amounts in thousands.) Balance Sheet December 31, 2020 (in thousands Assets Current Assets Accounts Receivable Prepaid Insurance Accounts Receivable Total Current Assets Assignment technical frame Liabilities and Owner's Equity $