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The following items were taken from the financial statements of J. Crane Company on December 31, 2024. (All amounts are in thousands.) Prepare a classified

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The following items were taken from the financial statements of J. Crane Company on December 31, 2024. (All amounts are in thousands.) Prepare a classified balance sheet in good form as at December 31, 2024. (List Current Assets in order of liquidity) J. CRANE COMPANY Balance Sheet December 31, 2024 (in thousands) Assets Current Assets Cash Short-term Investments Accounts Receivable Merchandise Inventory Prepaid insurance Total Current Assets Non-Current Assets Property, Plant, and Equipment Llabilities and Owner's Equity $ * * t 5

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