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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 answer ($ in 000s) 242,286 357,700 508,944 87,259 1,634,927 114,800 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 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings 35,116 425,772 185,604 697,564 996,140 410,627 1,000,000 Required 1 Required 2 Prepare Trident's classified balance sheet. (Enter the answers in the TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2021 Assets Current assets: Total current assets Investments: Property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity
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