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The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Debits Credits Cash 29,500 Investments (long-term) 69,000 Accounts receivable

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

Debits Credits
Cash 29,500
Investments (long-term) 69,000
Accounts receivable 44,000
Allowance for uncollectible accounts 7,500
Prepaid insurance 6,000
Inventory 170,000
Land 59,000
Buildings 210,000
Accumulated depreciationbuildings 64,000
Equipment 153,500
Accumulated depreciationequipment 44,000
Patents (unamortized balance) 6,500
Accounts payable 44,000
Notes payable, due 2022 79,000
Interest payable 17,000
Bonds payable, due 2031 190,000
Common stock (no par), 35,000 shares authorized, issued, and outstanding 238,000
Retained earnings 63,500
Totals 747,500 747,500

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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