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Presented below are a number of balance sheet items for Cheyenne, Inc., for the current year, 2025. Prepare a classified balance sheet in good form.

image text in transcribed Presented below are a number of balance sheet items for Cheyenne, Inc., for the current year, 2025. Prepare a classified balance sheet in good form. Common stock authorized was 1,000,000 shares, and preferred stock authorized was 60,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of equity investments (trading) are the same. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the

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