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The following items are taken from the financial statements of Ivanhoe Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements

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The following items are taken from the financial statements of Ivanhoe Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $195,600 21,200 9,000 11,850 83,400 263,400 45,750 5,600 12,900 78,500 492,000 32,600 9,600 96,950 18,750 3,700 15,400 47,600 72,000 5,000 Prepare a classified balance sheet. Assume that $9,800 of the mortgage payable will be paid in 2023. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings, Equipment and Land Improvements.) IVANHOE COMPANY Balance Sheet December 31, 2022 (in millions) Assets Current Assets $ Total Current Assets Long-Term Liabilities > $ : v:

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