Your answer is partially correct. The following items were taken from the financial statements of Concord Company. (All amounts are in thousands.) $5,600 1,900 500 Long-term debt Prepaid insurance Equipment Stock investments (long-term) Debt investments (short-term) Notes payable (due in 2023) Cash $900 850 11,400 400 3,800 500 2,900 Accumulated depreciation-equipment Accounts payable Notes payable (due after 2023) Common stock Retained earnings Accounts receivable Inventory 9,750 3,600 2,100 1,300 Prepare a classified balance sheet in good form as of December 31, 2022. (Enter amounts in thousands. List Current Assets in order of liquidity.) Concord Company Balance Sheet December 31, 2022 Assets Current Assets Prepaid 850 Debt Investments 3800 Cash 2900 Accounts Receivable 2100 Inventory 1300 Total Current Assets $ 1095 .ong term Investments 40 Property, Plant and Equipment Equipment 11400 ess: Accumulated Depreciation-Equipment 5600 i 580 Total Assets $ 1715 Tibilitir st Liabilities and Stockholders' Equity Current Liabilities Accounts Payable $ 1900 Notes Payable 500 $ Total Current Liabilities $ 240 long-term Liabilities Notes Payable 500 Long-Term Debt 900 Total Liabilities 140 Total Liabilities 380 Stockholders' Equity Common Stock 9750 Retained Earnings 3600 Total Stockholders' Equity 1335 Total Liabilities and Stockholders' Equity $ 1715 Q Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity e Textbook and Media List of Accounts Save for Later Last saved 2 hours ago. Saved work will be auto-submitted on thi List of Accounts Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Delivery Trucks Accumulated Depreciation Equipment Advertising Expense Buildings Cash Common Stock Debt Investments Delivery Trucks Depreciation Expense Dividends Question 3 of 6 Equipment Gasoline Expense Goodwill Income Summary Insurance Expense Interest Expense Interest Payable Interest Receivable Interest Revenue Inventory Investment in Stock Land Long-Term Debt Long-Term Investment Maintenance and on Maintenance and Repairs Expense Miscellaneous Expense Mortgage Payable Notes Payable Patents Prepaid Advertising Prepaid Insurance Prepaid Rent Property Tax Expense Property Taxes Payable Rent Expense Rent Revenue Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Share Capital Short-Term Investment Supplies Supplies Expense Ticket Revenue Travel Expense Unearned Rent Revenue Unearned Service Revenue Unearned Ticket Revenue Utilities Expense