Exercise 4-16 The following items were taken from the financial statements of Ayayai Company. (All amounts are in thousands.) Long-term debt Prepaid insurance Equipment Stock investments (long-term) Debt investments (short-term) Notes payable (due in 2020) Cash $1,100 Accumulated depreciation-equipment $5,800 870 Accounts payable 1,800 11,200 Notes payable (due after 2020) 300 400 Common stock 10,615 4,200 Retained earnings 2,955 600 Accounts receivable 1,600 3,000 Inventory 1,900 Prepare a classified balance sheet in good form as of December 31, 2019. (Enter amounts in thousands. List Current Assets in order of liquidity.) Ayayai Company Balance Sheet Assets $ Liabilities and Stockholders' Equity