The following items were taken from the financial statements of J. Sheridan Company on December 31, 2021. (All amounts are in thousands.)

Long-term debt		$1,050		Accumulated depreciationequipment		$5,645
Prepaid insurance		820		Accounts payable		1,564
Equipment		11,560		Notes payable (due after 2022)		360
Long-term investments		374		J. Sheridan, capital		12,735
Short-term investments		3,760		Accounts receivable		1,356
Notes payable (due in 2022)		560		Merchandise inventory		1,356
Cash		2,688

Prepare a classified balance sheet in good form as of December 31, 2021. (List Current Assets in order of liquidity.)

Assets
select an opening name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant, and EquipmentOwner's EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owner's EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Owner's Equity
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies					$enter a dollar amount
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies					enter a dollar amount
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies					enter a dollar amount
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies					enter a dollar amount
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies					enter a dollar amount
select a closing name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant, and EquipmentOwner's EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owner's EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Owner's Equity					enter a total amount for subsection one
select an opening name for subsection two Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant, and EquipmentOwner's EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owner's EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Owner's Equity
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies					enter a dollar amount
select an opening name for subsection three Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant, and EquipmentOwner's EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owner's EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Owner's Equity
select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies		$enter a dollar amount
select between addition and deduction AddLess: select a balance sheet item Accounts ReceivableAccount PayableAccumulated Depreciation-EquipmentCashEquipmentJ. Sheridan, CapitalLong-term DebtLong-term InvestmentsMerchandise InventoryNotes PayablePrepaid InsuranceShort-term InvestmentsSupplies		enter a dollar amount			enter a subtotal of the two previous amounts
select a closing section name for this part of the balance sheet Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant, and EquipmentOwner's EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owner's EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Owner's Equity					$enter a total amount for this part of the balance sheet