Question $3$

The following information $($in thousands$)$ is available for Wang Company for the year ended December $31,2025$ :

Accounts payable $,2,700$

Accumulated depreciation$-$equipment $,4,000$

Share capital$-$ordinary $,5,800$

Retained earnings $,4,000$

Copyrights $4,500$

Notes payable $($due in $5$ years$),7,500$

Accounts receivable $1,500$

Cash $2,600$

Short$-$term investments $,1,000$

Equipment $,7,500$

Investment in long$-$term bonds $,6,900$

Instructions

Use the above information to prepare a classified statement of financial position for the year ended December $31,2025.$