Prepare a classified balance sheet for Libby Corporation at December 31, 2018.

2. The December 31, 2018, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Credits Debits 22,500 55,000 30,000 7,500 4,500 100,000 45,000 140,000 50,000 132,500 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventories Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents (unamortized balance) Accounts payable Notes payable, due 2019 Interest payable Bonds payable, due 2028 Common stock, no par, 20,000 shares authorized, issued, and outstanding Retained earnings Totals 30,000 5,000 37,500 65,000 10,000 120,000 150,000 64,500 534.500 534.500 Required: Prepare a classified balance sheet for Libby Corporation at December 31, 2018