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osco he December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below. Debits Credits Cash 23. see Investments (long-term) 57,

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osco he December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below. Debits Credits Cash 23. see Investments (long-term) 57, co Accounts receivable 32 Bee Allowance for uncollectible accounts 8. See Prepaid insurance 5, See Inventory 110, Land 47.ee Buildings 25 de Accumulated depreciation-buildings 52, eee Equipment 135,500 Accumulated depreciation equipment 32.ee Patents (unsmortized balance) 6.000 Accounts payable 38,500 Notes payable, due 2022 67.ee Interest payable 11,000 Bonds payable, due 2031 110, Common stock (no, par), 24,000 shares 180, authorized, issued, and outstanding Retained earnings 47. See Totals 566,500 565,5 Required: Prepare a classified balance sheet for Libby Corporation at December 31, 2021 (Enter your answers in the order of their liquidity Negative amounts should be entered by a minus sign. Enter your answers in thousands of dollars.) LIBBY CORPORATION Balance sheet At December 31, 2021 1$ in thousands Assets Totato rent assets Property, plant equipment Net book valoe of building 0 0 Net book balue of equipment Net Property, plant, and equipment otal assets 5 Liabilities and Shareholders' Equity Currentibes Total current fiables Long-term liabilites Total abilities 0 Shareholders equity Total Wareholder's equity Total abilities and shareholders equity OC 5

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