Chester Taylor recently received the following information related to Taylor Company’s December 31, 2012, balance sheet.
|
Inventory |
$ 2,900 |
|
Cash |
4,300 |
|
Equipment |
21,700 |
|
Investments in stock (long term) |
6,500 |
|
Short term investments |
$1,200 |
|
Accumulated depreciation |
5,700 |
|
Accounts receivable |
4,300 |
Prepare the assets section of Taylor Company’s classified balance sheet.