Ryan Newton recently received the following information related to Ryan Company”s December 31, 2014, balance sheet.
|
Inventory |
$ 2,900 |
|
Cash |
4,300 |
|
Equipment |
21,700 |
|
Stock investments (long-term) |
6,500 |
|
Debt investments (short-term) |
$1,200 |
|
Accumulated depreciation |
5,700 |
|
Accounts receivable |
4,300 |
Prepare the assets section of Ryan Company”s classified balance sheet.