Knowledge Check Arrange these classifications in the order in which they appear on the balance sheet: = Long-term liabilities = Long-term investments = Current liabilities = Stockholders' equity = Intangible assets = Property, plant, and equipment = Current assets

These items are taken from the financial statements of Blue Spruce Co. at December 31,2025. Fiquidity and Property Pros Hiquidity and Property, Plant and Equipment in order of Land, Buildinss and Equipment.) Accumolated Depreciation-Buildings 5 Less : : Liabilities and Stockholders' Equity Prepare a classified balance sheet. Assume that $17.136 of the note payable will be paid in 2026. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment.)