Marshland, inc. had the following consignment transactions during december: inventory shipped on consignment to connor $18,000 freight paid by marshland 900 inventory received on consignment from leshner 12,000 freight paid by 500 no sales of consigned goods were made through december 31. marshlands december 31 balance sheet should include consigned inventory at

Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)