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. Complete this question by entering your answers in

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. Complete this question by entering your answers in the tabs below. ences Required 1 Required 2 Determine the missing amounts. (Enter the answers in thousands of dollars.) (5 in 000s) S 240 286 355,700 506.944 Cash and cash equivalents Short-term investments Accounts receivable Inventory Prepaid expenses (current) Total current assets Long-term receivables Equipment (net) 85,259 1,614,927 112.800 Talent Required 1 Required 2 Determine the missing amounts. (Enter the answers in thousands of dollars.) ($ in 000s) $ 240,286 355,700 506,944 ces 85,259 1,614,927 112,800 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 2,366,767 33,116 423,772 183,604 695,564 Common stock 976,140 390,627 1,000,000 Retained earnings Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 S 0 0 Total current assets Investments: Property, plant, and equipment $ 0 Total assets Liabilities and Shareholders' Equity Current liabilities: es 0 Total current liabilities Long-term liabilities: 0 Total liabilities Shareholders' equity 0 Total shareholders' equity Total liabilities and shareholders' equity $ 0

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