The following information (in thousands) is available for Wang Company for the year ended December 31, 2014: 
Instructions
Use the above information to prepare a classified statement of financial position for the year ended December 31, 2014.
Definitions:
Utility Function
A representation in economics that expresses the preference ordering of various utility levels or consumption bundles by individuals or firms.
Consumption
The use of goods and services by households or individuals, often analyzed to understand economic activity and consumer behavior.
Bushels
A bushel is a unit of volume that is used in the United States for measuring quantities of agricultural produce such as grains, fruits, and vegetables.
Harvest
The process or period of gathering in crops.
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