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A list of financial statement items for Shum Corporation includes the following: accounts receivable $14,500; cash $16,400: Inventory $9,000; supplies $4.200; prepaid insurance $3.900; accumulated

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A list of financial statement items for Shum Corporation includes the following: accounts receivable $14,500; cash $16,400: Inventory $9,000; supplies $4.200; prepaid insurance $3.900; accumulated depreciation-buildings $33.000; accumulated depreciation-equipment $25,000: buildings $110,000; equipment $70,000; and land $65,000. Prepare the assets section of the statement of financial position (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings and Equipment.) SHUMCORPORATION Statement of Financial Position (Partial) Assets > $ $ Total Current Assets Total Property. Plant and Equipment Current Assets Total Current Liabilities Total Liabilities and Shareholders' Equity Total Shareholders' Equity Current Liabilities Total Liabilities Shareholders' Equity Total Assets Property. Plant and Equipment

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