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Question 4 of 7 -/15 E View Policies Current Attempt in Progress The following items were taken from the financial statements of Sunland Company on

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Question 4 of 7 -/15 E View Policies Current Attempt in Progress The following items were taken from the financial statements of Sunland Company on December 31, 2021. (All amounts are in thousands) Long-term debt $1.060 Accumulated depreciation equipment $5,685 Prepaid insurance 950 Accounts payable 1,314 Equipment 11,530 Notes payable (due after 2022) 410 Long-term investments 284 J. Sunland, capital 12,505 Short-term investments 3,650 Accounts receivable 1.186 Notes payable (due in 2022) 520 Merchandise inventory 1,186 Cash 2,708 Prepare a classified balance sheet in good form as at December 31, 2021. (List Current Assets in order of liquidity) J.SUNLAND COMPANY Balance Sheet (In thousands) Assets $ J. Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant, and Equipment Owner's Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Owner's Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Owner's Equity >

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