Bob Sponge, financial officer of XYZ Corporation, showed the following unadjusted account balances at July 31, 2013, its year end. Other information:

1) There was one reconciling item on the bank reconciliation : an NSF cheque for $1,600.

2) A review of the Prepaid rent account showed that the balance represents rent for two months beginning July 1, 2013.

3) Annual depreciation on the machinery is $5,450.

4) Annual depreciation on the equipment is $3,060.

5) The bonds are due December, 2019.

Use this information to prepare the July 31, 2013 classified statement of financial position / balance sheet. Be sure to include all relevant headings and totals.

Account	Balance
Account payable	1,900
Accounts receivable	18,700
Accumulated depreciation, equipment	29,860
Accumulated depreciation, machinery	48,520
Allowance for doubtful accounts	1,300
Bonds payable	1,000
Cash	2,800
Cash dividends	6,100
Common shares	14,600
Equipment	49,060
Insurance expense	8,100
Interest expense	7,400
Interest income	100
Land	6,500
Long-term notes payable	10,900
Machinery	60,020
Petty cash	1,000
Prepaid rent	38,800
Retained earnings	56,600
Revenues	41,500
Salaries expense	9,000
Salaries payable	5,400
Short-term notes payable	8,100
Supplies expense	12,300