-/5 View Policies Current Attempt in Progress Statement of financial position items for Sheffield Inc follow for the current year, 2020: Goodwill Bank loan Bonds payable due 2024 Cash Land Notes receivable Notes payable Accounts payable Retained earnings Income tax receivable Notes payable (due in five years) $128,750 182,919 293,100 370,800 494,400 459,071 272.950 504,700 Accumulated depreciation-equipment Inventory Rent payable Income tax payable Rent payable (long-term) Common shares (20.000 shares issued) Preferred shares (15,000 shares issued) Prepaid expenses Equipment FV-NI Investments Accumulated depreciation - buildings Buildings $300,760 246,994 46,350 101,313 494,400 206.000 154.500 90,558 1.514,100 124.630 278.306 1.689.200 100,559 1.648.000 (a) Prepare a classified statement of financial position in good form. The numbers of authorized shares are as follows: unlimited common and 20,000 preferred. Assume that income tax accounts, notes receivable,bank loan, and notes payable are short-term, unless stated otherwise, and that the FV-Nl investments are stated at fair value. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Sheffield Inc. Statement of Financial Position Assets