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. 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

Determine the missing amounts. (Enter the answers in thousands of dollars.) ($ in 000s) $ 239,286 354,700 505,944 84,259 1,604,927 111,800 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 32,116 422,772 182,604 694,564 966,140 380,627 1,000,000 Prepare Trident's classified balance sheet. (Enter the answers in thousands of dollars.) TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2021 Assets Current assets: Total current assets 0 Investments: Property, plant, and equipment Total assets $ 0 Liabilities and Shareholders' Equity Current liabilities: Total current liabilities 0 Long-term liabilities: 0 Total liabilities Shareholders' equity Total shareholders' equity 0 Total liabilities and shareholders' equity $ 0

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