You recently joined the auditing staff of Best, Best, and Krug, CPAs. You have been assigned to the audit of Clearview, Inc., and have been asked by the audit senior to examine the balance sheet prepared by Clearview’s accountant.

Required:
Match each balance sheet item with the disclosure note most closely associated.

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CLEARVIEW, INC. Balance Sheet At December 31, 2024 ($ in millions) Assets Current assets: Cash Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment (net) Total assets Current liabilities: Liabilities and Shareholders' Equity Accounts payable Accrued taxes and interest Current maturities of long-term debt Total current liabilities Long-term liabilities: Total liabilities Shareholders' equity: Common stock Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $100.0 208.6 $ 10.5 112.1 220.6 5.5 348.7 22.0 486.9 $857.6 $83.5 25.5 20.0 129.0 420.0 549.0 308.6 $857.6