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P2.1A (LO 1 ), AP Suppose the following items are taken from the 2022 balance sheet of Yahoo! Inc. (All dollars are in millions.) Prepare

P2.1A (LO 1), AP Suppose the following items are taken from the 2022 balance sheet of Yahoo! Inc. (All dollars are in millions.)

Prepare a classified balance sheet.

Goodwill $3,927
Common stock 6,283
Equipment 1,737
Accounts payable 152
Patents 234
Stock investments (long-term) 3,247
Accounts receivable 1,061
Prepaid rent 233
Debt investments (short-term) 1,160
Retained earnings 6,108
Cash 2,292
Notes payable (long-term) 734
Unearned sales revenue 413
Accumulated depreciationequipment 201

Instructions

Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2022.

Tot. current assets $4,746
Tot. assets $13,690

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