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The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2024. Required: 1. Determine the missing amounts. 2. Prepare

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The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2024. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet. Complete this question by entering your answers in the tabs below. Determine the missing amounts. Note: Enter the answers in thousands of dollars. Balance Sheot ( $ in 000s) At December 31, 2024 Assets Current assets: The following balance sheet for the Hubbard Corporation was prepared by the company: Additional information: 1. The buildings, land, and machinery are all stated at cost except for a parcel of land that the company is holding for future sale. The land originally cost $63,000 but, due to a significant increase in market value, is listed at $146,000. The increase in the land account was credited to retained earnings. 2. The investment in equity securities account consists of stocks of other corporations and are recorded at cost, $33,000 of which will be sold in the coming year. The remainder will be held indefinitely. 3. Notes payable are all long term. However, a $230,000 note requires an installment payment of $57,500 due in the coming year. 4. Inventory is recorded at current resale value. The original cost of the inventory is $173,000. Required: Prepare a corrected classified balance sheet for the Hubbard Corporation at December 31, 2024. Note: Amounts to be deducted should be indicated by a minus sign

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