The following items were taken from the financial statements of R. Stevens Company. (All dollars are in thousands.)
|
Long term debt |
$ 943 |
Accumulated depreciation |
5,655 |
|
Prepaid expenses |
880 |
Accounts payable |
1,444 |
|
Property, plant, and equipment |
11,500 |
Notes payable after 2011 |
368 |
|
Long term investments |
264 |
R. Stevens, Capital |
13,063 |
|
Short term investments |
3,690 |
Accounts receivable |
1,696 |
|
Notes payable in 2011 |
481 |
Inventories |
1,256 |
|
Cash |
$ 2,668 |
Instructions
Prepare a classified balance sheet in good form as of December 31, 2010.