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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. Required 1 Required 2 Determine the missing amounts. (Enter the answers in thousands of dollars.) ($ in 000) $ 253,286 368,700 519,944 98,259 1,744,927 Cash and cash equivalents Short-term investments Accounts receivable Inventory Prepaid expenses (current) Total current assets Long-term receivables Equipment (net) Total assets Notes payable (current) Accounts payable Accrued liabilities Other current liabilities 125,800 46,116 436,772 196,604 708,564 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings 1,106,140 520,627 1,000,000 TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2021 Assets Current assets: Total current assets 0 Investments: Property, plant, and equipment Total assets $ 0 Liabilities and Shareholders' Equity Current liabilities: Total current liabilities 0 Long-term liabilities: Total assets 0 Liabilities and Shareholders' Equity Current liabilities: Total current liabilities 0 Long-term liabilities: Total liabilities 0 Shareholders' equity 0 Total shareholders' equity Total liabilities and shareholders' equity $ 0
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