The following items were taken from the financial statements of J. Pineda Company. (All amounts are in thousands.)

Long-term debt $1,000 Accumulated depreciationequipment

$5,655

Prepaid insurance 880 Accounts payable 1,444

Equipment 11,500 Notes payable (due after 2018) 400

Stock investments (long-term)

264 Owners capital 12,955

Debt investments (short-term)

3,690 Accounts receivable 1,696

Notes payable (due in 2018) 500 Inventory 1,256

Cash 2,668

Prepare a classified balance sheet in good form as of December 31, 2017. (List Current Assets in order of liquidity. Enter amounts in thousands.)

J. PINEDA COMPANY

Balance Sheet

(in thousands)

Assets

$

$

:

$

Liabilities and Owner's Equity

$

$

$