The Following Items Were Taken from the Financial Statements of Buttercup

Essay

The following items were taken from the financial statements of Buttercup Company. (All dollars are in thousands.) $$\begin{array} { l r l r } \text { Mortgage payable } & \$ 2,443 & \text { Accumulated depreciation } & 3,655 \\\text { Prepaid insurance } & 880 & \text { Accounts payable } & 1,444 \\\text { Property, plant, and equipment } & 11,500 & \text { Notes payable after 2019 } & 1,200 \\\text { Long-term investments } & 1,100 & \text { Common stock } & 5,000 \\\text { Short-term investments } & 3,690 & \text { Retained earnings } & 8,480 \\\text { Notes payable in } 2019 & 1,000 & \text { Accounts receivable } & 1,696 \\\text { Cash } & 2,600 & \text { Inventories } & 1,756\end{array}$$ Instructions
Prepare a classified balance sheet in good form as of December 31, 2018.