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The December 31, 2018, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Debits Credits Cash 31,000 Investments (long-term) 72,000 Accounts receivable

The December 31, 2018, post-closing trial balance ($ in thousands) for Libby Corporation is presented below:

Debits Credits
Cash 31,000
Investments (long-term) 72,000
Accounts receivable 47,000
Allowance for uncollectible accounts 9,000
Prepaid insurance 7,500
Inventories 185,000
Land 62,000
Buildings 225,000
Accumulated depreciationbuildings 67,000
Equipment 158,000
Accumulated depreciationequipment 47,000
Patents (unamortized balance) 8,000
Accounts payable 46,000
Notes payable, due 2019 82,000
Interest payable 18,500
Bonds payable, due 2028 205,000
Common stock, no par, 30,000 shares authorized, issued, and outstanding 240,000
Retained earnings 81,000
Totals 795,500 795,500

Required: Prepare a classified balance sheet for Libby Corporation at December 31, 2018. (Enter your answers in the order of their liquidity. Negative amounts should be entered by a minus sign. Enter your answers in thousands of dollars.)

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