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Land Treasury Sharest Cost Uneared Service Revenue Instructions Prepare a classified statement of financial position in good form. (No monetary amounts are to be shown.)

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Land Treasury Sharest Cost Uneared Service Revenue Instructions Prepare a classified statement of financial position in good form. (No monetary amounts are to be shown.) B P5-2 (Statement of Financial Position Preparation) Presented below are a number of statement of finan cial position items for Montoya, Inc., for the current year, 2015. Goodwill Payroll taxes payable Bonds payable Cash Land Notes receivable Notes payable (to banks) Accounts payable Retained earnings Income taxes receivable Unsecured notes payable (long-term) 125.000 177,591 285,000 360,000 480,000 445,700 265.000 490,000 Accumulated depreciation-equipment Inventory Rent payable (short-term) Income taxes payable Long-term rental obligations Share capital-ordinary, 61 par value Share capital --preference, 10 per value Prepaid expenses Equipment Trading securities Accumulated depreciation--bulidings Buildings 292.000 239,800 45,000 98,362 480,000 200,000 150,000 87.920 1,470,000 121.000 270,200 1,640,000 97,630 1,600,000

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