Question: The December 3 1 , 2 0 2 4 , post - closing trial balance ( $ in thousands ) for Libby Corporation is presented

The December 31,2024, post-closing trial balance ($ in thousands) for Libby Corporation is presented below:
\table[[,Debits,Credits],[Cash,29,500,],[Long-term investments,69,000,],[Accounts receivable,44,000,],[Allowance for uncollectible accounts,,7,500],[Prepaid insurance,6,000,],[Inventory,170,000,],[Land,59,000,],[Buildings,210,000,],[Accumulated depreciation-buildings,,64,000],[Equipment,153,500,],[Accumulated depreciation-equipment,,44,000],[Patents (unamortized balance),6,500,],[Accounts payable,,44,500],[Notes payable, due 2025,,79,000],[Interest payable,,17,000],[Bonds payable, due 2041,,190,000],[\table[[Common stock (no par),34,000 shares],[authorized, issued, and outstanding]],,238,000],[Retained earnings,,63,500],[Totals,747,500,747,500]]
Required:
Prepare a classified balance sheet for Libby Corporation on December 31,2024.
Note: Enter your answers in the order of their liquidity. Negative amounts should be entered by a minus sign. in thousands of dollars.
 The December 31,2024, post-closing trial balance ($ in thousands) for Libby

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