Statement of Financial Position (Partial) February 28, 2024 Assets Current Assets Cash \( \$ \longdiv { 1 9 2 1 } \) Trading Investments 422. Accounts Receivable $ 601600 Less Allowance for Expected Credit Losses Prepaid Rent 38400 563 : Notes Receivable Sales Tax Recoverable Imventory Estimated Imentory Returns Total Current Assets Kokomo Corporation reported the following selected items at February 28, 2024: Prepare the current assets section of Kokomo's statement of financial position. (Uist Current Assets in order of liquidity) KOKUMO COKPORAIHON Statement of Financial Position (Partial) February 28, 2024 Assets $192000 ling Investments 422400 Tunts Receivable $601600 Allowance for Expected Credit Losses \begin{tabular}{|l|l|} \hline & 38400 \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 563200 \\ \hline 10240 \\ \hline \end{tabular} es Receivable \begin{tabular}{|r|} \hline \\ \hline \\ \hline \\ \hline \end{tabular} is Tax Recoverable intory \begin{tabular}{r} \hline 486400 \\ \hline 24320 \\ \hline \end{tabular} iCurrent Assets eTextbook and Mertia