Question: Problem 3-2 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at December



Problem 3-2 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2021. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet Required 1 Required 2 Determine the missing amounts. (Enter the answers in thousands of dollars.) ($ in 00s) $ 244,286 359,700 510,944 89,259 1,854,927 116,800 Cash and cash equivalents Short-term investments Accounts receivable Inventory Prepaid expenses (current) Total current assets Long-term receivables Equipment (net) Total assets Notes payable (current) Accounts payable Accrued liabilities Other current liabilities Total current liabilities Long-term debt Total liabilities Common stock Retained earnings 37,116 427,772 187,604 699,564 1,016,140 430,627 1,000,000 Required 2 > TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2021 Assets AS Current assets: SI i te help Total current assets Investments Property, plant, and equipment Total assets Liabilities and Shareholders' Equity Current liabilities: Total outrent liabilities Long-term liabilities: Total liabilities Shareholders equity Total shareholders' equity Total liabilities and shareholders equity
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