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The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Debits Credits Cash 28,000 Investments (long-term) 66,000 Accounts receivable

The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below:

Debits Credits
Cash 28,000
Investments (long-term) 66,000
Accounts receivable 41,000
Allowance for uncollectible accounts 9,000
Prepaid insurance 4,500
Inventory 155,000
Land 56,000
Buildings 195,000
Accumulated depreciationbuildings 61,000
Equipment 149,000
Accumulated depreciationequipment 41,000
Patents (unamortized balance) 5,000
Accounts payable 43,000
Notes payable, due 2022 76,000
Interest payable 15,500
Bonds payable, due 2031 175,000
Common stock (no par), 35,000 shares authorized, issued, and outstanding 245,000
Retained earnings 34,000
Totals 699,500 699,500

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.)

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