13 Jan La-Z-Boy Inc. is one of the world’s largest manufa
La-Z-Boy Inc. is one of the world’s largest manufacturers of furniture that is best known for its reclining chairs. The following data (in thousands) were adapted from the 2004 annual report of La-Z-Boy Inc.:Accounts payable $122,576Accounts receivable 337,770Accumulated depreciation 296,942Capital stock 269,316Cash . $ 33,882Intangible assets 96,005Inventories 250,568Debt due within one year* 42,563Long-term debt** . 181,807Other assets* 31,454Other assets** .. 85,078Other liabilities* .. 118,182Other long-term liabilities** 60,040Property, plant, and equipment 509,681Retained earnings . 253,012For the preceding items, (*) indicates that the item is current in nature, while (**) indicates that the item is long-term in nature. Prepare a classified balance sheet as of April 24, 2004.