Q27 The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below:

	Debits		Credits
Cash	29,000
Investments (long-term)	68,000
Accounts receivable	43,000
Allowance for uncollectible accounts			7,000
Prepaid insurance	5,500
Inventory	165,000
Land	58,000
Buildings	205,000
Accumulated depreciationbuildings			63,000
Equipment	152,000
Accumulated depreciationequipment			43,000
Patents (unamortized balance)	6,000
Accounts payable			44,000
Notes payable, due 2022			78,000
Interest payable			16,500
Bonds payable, due 2031			185,000
Common stock (no par), 32,000 shares authorized, issued, and outstanding			224,000
Retained earnings			71,000
Totals	731,500		731,500

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 (S in thousands) Assets Total current assets Property, plant, and equipment Net book value of building Net book balue of equipment Net Property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities Total current liabilities Long-term liabilities Total liabilities Shareholders' equity Total shareholder's equity Total liabilities and shareholders' equity