27. Presented below is a partial statement of financial position for a publicly traded company, MannyFest Inc. MannyFest Inc. Statement of Financial Position (partial) June 30, 2022 Assets Operating line of credit $(360,000) Liabilities Current liabilities Accounts payable $264,000 Note payable (6% interest, due January 31, 2023) 80,000 Accrued interest 10,000 Lease liability 50,000 Long term liabilities Bonds payable (due 2030) 1,910,000 Notes payable 7% (June 30, 2027) 150,000 Additional information: 1) Annual payments on the lease liability are $5,000 per year. 2) The accrued interest comprises $3.000 on the 6% note payable and $7,000 on the 7% note payable. 3) The 7% note payable value includes the current portion of the loan. The loan principal will be repaid in equal amounts over the next five years. 4) Bonds have a Face Value of $2,000,000 and interest is paid semi-annually on January 1 and July 1, the stated interest rate is 6% and the interest rate on the date of issue was 7%. The year-end adjusting entry to recognize interest expense on June 30, 2022 has not yet been made. Instructions Prepare a corrected partial classified statement of financial position. (20 Marks)