Problem 2-1A Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.)
| Goodwill |
$3,927 |
| Common stock |
6,283 |
| Equipment |
1,737 |
| Accounts payable |
152 |
| Patents |
234 |
| Stock investments (long-term) |
3,247 |
| Accounts receivable |
1,061 |
| Prepaid rent |
233 |
| Debt investments (short-term) |
1,160 |
| Retained earnings |
6,108 |
| Cash |
2,292 |
| Notes payable (long-term) |
734 |
| Unearned sales revenue |
413 |
| Accumulated depreciation-equipment |
201 |
Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2017. (List current assets in order of liquidity.)