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Problem 3-2 (Algo) Balance sheet preparation; missing elements [LO3- 2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation

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Problem 3-2 (Algo) Balance sheet preparation; missing elements [LO3- 2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2021. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the missing amounts. (Enter the answers in thousands of dollars.) ($ in 000s) Cash and cash equivalents $ 257,286 Short-term investments 372,700 523,944 Accounts receivable Inventory Prepaid expenses (current) 102,259 Total current assets 1,784,927 Long-term receivables 129,800 Equipment (net) Total assets Notes payable (current) 50,116 Accounts payable Accrued liabilities 440,772 Other current liabilities 200,604 Total current liabilities 712,564 Long-term debt Total liabilities 1,146,140 Common stock 560,627 Retained earnings 1,000,000 Required 1 Required 2 Prepare Trident's classified balance sheet. (Enter the answers in thousands of dollars.) TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2021 Current assets: Total current assets Investments: Property, plant, and equipment Total assets Assets Current liabilities: Liabilities and Shareholders' Equity Total current liabilities Long-term liabilities: Total liabilities Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity

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