The bookkeeper for Flint Corp, has prepared the following statement of financial position as at July 31,2023 : The following additional information is provided: 1. Cash includes $3,000 in a petty cash fund and $20,000 in a bond sinking fund. 2. The net accounts receivable balance is composed of the following three items: (a) accounts receivable debit balances $68,000 : (b) accounts receivable credit balances $9,200; and (c) allowance for expected credit losses $4,400. 3. Inventory costing $6,500 was shipped out on consignment on July 31,2023 . The ending inventory balance does not incluc the consigned goods. Receivables of $6,500 were recognized on these consigned goods. 1. Cashincludes $3,000 in a petty cash fund and $20.000 in a bond sinking fund. 2. The net accounts receivable balance is composed of the following three items: (a) accounts receivable debit balances $68,000; (b) accounts receivablecredit balances $9,200; and (c) allowance for expected credit losses $4,400. 3. Inventory costing $6,500 was shipped out on consignment on July 31,2023 . The ending inventory balance does not include the consigned goods. Receivables of $6,500 were recognized on these consigned goods. 4. Equipment had a cost of $273,000 and an accumulated depreciation balance of $44,000, 5. Income tax payable of $10,500 was accrued on July 31. Flint, however, had set up a cash fund to meet this obligatjon. This cash fund was not included in the cash balance, but was offset against the income tax payable account. 6. Long-term liabilities are bonds payable issued at par, due in 2028 . 7. Shareholders' equity is made up of two account balances: Common Shares of $226,900 and Retained Earnings of $113.500. (a) Use the information available to prepare a corrected classified statement of financial position as at July 31, 2023. (Adjust the account balances based on the additional information) (List Current Assets in order of liquidity.) Assets 5 $