The following items were taken from the financial statements of Rivera Company. Mortgage payable $2,340
The following items were taken from the financial statements of Rivera Company.
Mortgage payable $2,340
Accumulated depreciation $3,560
Prepaid expenses 980
Accounts payable 1,555
Property, plant, and equipment 11,500
Notes payable due after 2021 1,200
Long-term investments 1,300
Owner’s capital 14,026
Short-term investments 3,690
Accounts receivable 1,696
Notes payable due in 2021 1,000
Inventories 1,765
Cash 2,750
Prepare the classified balance sheet in good form as of December 31, 2020. (List current assets in order of liquidity.)