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ance E4-16 The following items were taken from the financial statements of J. Pineda Company....

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Accounting

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ance E4-16 The following items were taken from the financial statements of J. Pineda Company. (All amounts are in thousands.) Long-term debt $ 1,000 Accumulated depreciation equipment $ 5,655 Prepaid insurance 880 Accounts payable 1,444 Equipment 11,500 Notes payable (due after 2018) 400 Stock investments (long-term) 264 Owner's capital 12,955 Debt investments (short-term) 3,690 Accounts receivable 1,696 Notes payable (due in 2018) 500 Inventory 1,256 Cash 2,668 Instructions Prepare a classified balance sheet in good form as of December 31, 2017 1 17

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