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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
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 $ 255,286 Short-term investments 370,700 521,944 Accounts receivable Inventory Prepaid expenses (current) 100,259 Total current assets 1,764,927 Long-term receivables 127,800 Equipment (net) Total assets Notes payable (current) 48,116 Accounts payable Accrued liabilities 438,772 Other current liabilities 198,604 Total current liabilities 710,564 Long-term debt Total liabilities 1,126,140 Common stock 540,627 Retained earnings 1,000,000 33 Required 1 Required 2 Prepare Trident's classified balance sheet. (Enter the answers in thousands of dollars.) TRIDENT CORPORATION Balance Sheet ($ in 000s) Current assets: At December 31, 2021 Assets Total current assets Investments: Property, plant, and equipment Total assets Current liabilities: Liabilities and Shareholders' Equity
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