Brady buys a one-hundred-year-old house and contracts with a store in town that is advertising, "Buy our wallpaper here and we will hang it free of charge." Brady tells the wallpaper salesperson that the walls of his old home do not allow moisture to be absorbed, and the salesperson responds, "We have just what you want in wall coverings." The wall covering is hung, but soon moisture spots appear on the wall covering ruining its appearance. Indicate the proper warranty or combinations of warranties made by the seller.

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.)