Current Attempt in Progress The following information is available for Sarasota at December 31, 2019. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $128.600 Share Capital 14.430 Retained Earnings (beginning) 4,640 Accumulated Depreciation-Buildings 18,240 Accounts Payable 61,000 Notes Payable 65.000 Accumulated Depreciation Equipment 780 Interest Payable 7.240 Bowling Revenues 2,600 $100.000 14,060 42580 12,800 97,750 18.580 2.600 14.160 Prepare a classified statement of financial position. Assume that $13,700 of the notes payable will be paid in 2020. (List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Sarasota Statement of Financial Position Assets Current Assets Cash $ 18.240 Accounts Receivable 14,430 Add : Prepald Insurance 4,640 19,070 Add : Equipment 61,000 80,070 S Property. Plant, and Equipment Buildings 128,600 Accumulated Depreciation-Bulidings 42,580 Equipment 61,000 Total Assets Equity and Liabilities Current Liabilitles Accounts Payable Interest Payable Total Long-term Liabilities Notes Payable Equity Common Stock Retained Earnings