following incomplete balance sheet for the Sanderson Manufacturing Company was prepared by the companys controller. As accounting manager for Sanderson, you are attempting to reconstruct and revise the balance sheet.

SANDERSON MANUFACTURING COMPANY Balance Sheet At December 31, 2016 ($ in 000s)
Assets
Current assets:
Cash			$	1,950
Accounts receivable				4,900
Allowance for uncollectible accounts				(1,100	)
Finished goods inventory				6,700
Prepaid expenses				1,900
Total current assets				14,350
Noncurrent assets:
Investments				3,700
Raw materials and work in process inventory				2,950
Equipment				22,000
Accumulated depreciationequipment				(4,900	)
Patent				?
Total assets			$	?
Liabilities and Shareholders Equity
Current liabilities:
Accounts payable			$	5,900
Note payable				5,400
Interest payablenote				800
Deferred revenue				4,400
Total current liabilities				16,500
Long-term liabilities:
Bonds payable				6,200
Interest payablebonds				400
Shareholders equity:
Common stock	$	?
Retained earnings		?		?
Total liabilities and shareholders equity				?

Additional information ($ in 000s):

1.	Certain records that included the account balances for the patent and shareholders equity items were lost. However, the controller told you that a complete, preliminary balance sheet prepared before the records were lost showed a debt to equity ratio of 1.1. That is, total liabilities are 110% of total shareholders equity. Retained earnings at the beginning of the year was $5,400. Net income for 2016 was $1,900 and $600 in cash dividends were declared and paid to shareholders.
2.	Management intends to sell the investments in the next six months.
3.	Interest on both the note and the bonds is payable annually.
4.	The note payable is due in annual installments of $1,350 each.
5.	Deferred revenue will be earned equally over the next two fiscal years.
6.	The common stock represents 600,000 shares of no par stock authorized, 320,000 shares issued and outstanding.

Required:

Prepare a complete, corrected, classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.)