Question 7 of 10 III -11 View Policies Current Attempt in Progress The following items were taken from the financial statements of J. Oriole Company on December 31, 2021. (All amounts are in thousands.) Long-term debt Prepaid insurance Equipment Long-term investments Short-term investments Notes payable (due in 2022) Cash $1,080 940 11,570 264 3,800 460 2,618 Accumulated depreciation-equipment Accounts payable Notes payable (due after 2022) J. Oriole, capital Accounts receivable Merchandise inventory $5,535 1.324 270 13,255 1,366 1,366 Prepare a classified balance sheet in good form as at December 31, 2021. (List Current Assets in order of liquidity) J. ORIOLE COMPANY Balance Sheet December 31, 2021 (in thousands) Aceste Question 7 of 10 - / 1 (in thousands) Assets > $ tv RA My 2 3 S 4. 5 7 v 8 9 Wo E R T U S Liabilities and Owner's Equity $ >