The December 31 2011 post closing trial balance in thousands for libby corpora

The December 31 2011 post closing trial balance in thousands for libby corporations is preseted below

Debit Credit

Cash 22500

investments 55000

accouts recievable 30000

Allownnce for uncollectible accounts 7500

Prepaid insurance 4500

Inventories 100000

Land 45000

Buildings 140000

Accumulated Depreciation-buildings 50000

Equipment 132500

Accumulated Depreciation-equipment 30000

Patents(unamortized balance) 5000

Accounts Payable 37500

Notes Payable due 2012 65000

Interest Payable 10000

Bonds Payable due 2021 120000

Common Stock 150000

Retained Earnings 64500

Total 534500 534500

Prepare a classified balance sheet for libby corporation at December 312011