Afirm practices the pure chase strategy. production last quarter was 1000. demand over the next four quarters is estimated to be 900, 700, 1000, and 1000. hiring cost is $20 per unit, and firing cost is $5 per unit. over the next year, the sum of hiring and layoff costs will be $500 $2,500 $7,500 $7,000 $12,500

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.)