The following items were taken from the financial statements of Pina Colada Company. (All amounts are in thousands.) Long-term debt Prepaid insurance Equipment Stock investments (long-term) Debt investments (short-term) Notes payable (due in 2020) Cash $1,000 Accumulated depreciation-equipment $5,100 1,400 500 10,750 3,100 2,200 1,500 750 11,800 300 3,500 Accounts payable Notes payable (due after 2020) Common stock Retained earnings 400 Accounts receivable 2,200 Inventory Prepare a classified balance sheet in good form as of December 31,2019. (Enter amounts in thousands. List Current Assets in order of liquidity.) Pina Colada Company Balance Sheet For the Year Ended December 31,2019 Assets Current Assets Cash 2200 Accounts Receivable 2200 Inventory Prepaid Insurance Short-Term Investment 1500 750 3500 Total Current Assets 10150 10150 Long-term Investments Long-Term Investment 300 Less Accumulated Depreciation-Equipment 5100 6700 Total Assets 17150 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Total Current Liabilities 1400 500 1900 Long-term Liabilities Long-Term Debt Notes Payable Total Long-term Liabilities 300 400 700 Total Long-term Investments 700 Stockholders Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 10750 3100 13850 16450