Sheridan Inc. shows a balance of $$515,350$ in the Accounts Receivable account on December $31,2023.$ The balance consists of the

following:

installment accounts due in $2024$

Show how the information above should be presented on the statement of financial position of Sheridan at December $31,2023.$

Sheridan Inc

Statement of Financial Position

December $31,2023$

Current Assets

Installment Accounts Collectlble Due in $2024$

$

Customers Accounts

Installment Accounts Collectlble Due After December $31,2024$

Non$-$Current Basets

Advance to Subsidlary Company