The December 31, 2021. post-closing trial balance (5 in thousands) for Libby Corporation is presented below. Credits Debits 22,500 55,000 30,000 7,500 4,500 100,000 45,000 146,000 50,000 Cash Investments (long-ters) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventory Land Buildings Accumulated depreciation buildings Equipment Accumulated depreciation equipment Patents (unamortized balance) Accounts payable Notes payable, due 2022 Interest payable Bonds payable, due 2831 Common stock (no par), 20,000 shares authorized, issued, and outstanding Retained earnings Totals 132,500 30,000 5,000 37,500 65,090 10,000 120,000 150,000 64,500 534,500 534,500 LIBBY CORPORATION Balance Sheet At December 31, 2021 (s in thousands) Assets Total current assets 0 Property, plant, and equipment Net book value of building 0 0 Net book balue of equipment Net Property, plant, and equipment Intangibles: 0 Total assets $ 0 Liabilities and Shareholders' Equity Current liabilities 0 Total current liabilities Long-term liabilities Total liabilities Shareholders' equity 0 Total shareholder's equity Total liabilities and shareholders' equity 0 $ $ 0 ment #4 - Points (10) Saved Required: Prepare a classified balance sheet for Libby Corporation at December 31, 2021. (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.) LIBBY CORPORATION