Suppose the following items were taken from the 2017 financial statements of Vaughn Manufacturing. (All dollars are in millions.)

Common stock		$3,400		Accumulated depreciationequipment		$4,050
Prepaid rent		150		Accounts payable		1,440
Equipment		7,320		Patents		2,140
Stock investments (long-term)		650		Notes payable (long-term)		700
Debt investments (short-term)		1,600		Retained earnings		6,470
Income taxes payable		120		Accounts receivable		1,700
Cash		1,350		Inventory		1,270

Prepare a classified balance sheet in good form as of December 31, 2017. (List current assets in order of liquidity.)

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all boxes must be filled

Vaughn Manufacturing Balance Sheet (in millions) Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Current Assets Current Liabilities Intangible Assets Long-Term Investments Long-Term Liabilities Property, plant and Equipment Stockholders' Equity Total Assets Total Current Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity Total Current Assets Total Liabilities Add Less Liabilities and Stockholders' Equity