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The following items were taken from the financial statements of J. Carla Vista Company on December 31, 2021. (All amounts ary in thousands) Long-term debt

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The following items were taken from the financial statements of J. Carla Vista Company on December 31, 2021. (All amounts ary in thousands) Long-term debt $900 Accumulated depreciation-equipment $5,645 Prepaid insurance 920 Accounts payable 1,434 Equipment 11,430 Notes payable (due after 2022) 500 Long-term investments 144 J. Carla Vista. capital 12,035 Short-term investments 3.640 Accounts receivable 1.206 Notes payable (due in 2022) 590 Merchandise inventory 1,206 Cash 2,558 Prepare a classified balance sheet in good form as at December 31. 2021. (List Current Assets in order of liquidity.) J. CARLA VISTA COMPANY Balance Sheet (in thousands) Assets Assets Liabilities and Owner's Equity Question 2 of 10 Liabilities and Owner's Equity 5

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