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4 The adjusted trial balance for Patel Bowling Alley Ltd. at December 31,2017, contains Prepare a classified statement of financial position. E4-1 the following accounts

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4 The adjusted trial balance for Patel Bowling Alley Ltd. at December 31,2017, contains Prepare a classified statement of financial position. E4-1 the following accounts (LO 6) Debit Credit 128,000 Share Capital-Ordinary 80,000 28,000 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense 7,540 Retained Earnings 4,680 Accumulated Depreciation-Buildings42,600 18,040 Accounts Payable 62,400 Notes Payable 12,300 95,000 67,000 Accumulated Depreciation-Equipment 18,720 2,600 Interest Payable Service Revenue 780 7,360 2,600 19,180 298,400 298,400 Instructions (a) Prepare a classified statement of financial position; assume that 15,000 of the note payable will be paid in 2018. (b)Comment on the liquidity of the company

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