The bookkeeper for Nash Ltd$.$ has prepared the following statement of financial position as of July $31,2022($amounts in thousands$).$

NASH LTD

Statement of Financial Position

As of July $31,2022$

The following additional information is provided.

Cash includes $1,344$ in a petty cash fund and $13,440$ in a bond sinking fund.

The net accounts receivable balance is comprised of the following three items: $($a$)$ accounts receivable$-$debit balances $$58,240,($b$)$ accounts receivable$-$credit balances $8,960,$ and $($c$)$ allowance for doubtful accounts $3,920.$

Inventory costing $5,936$ was shipped out on consignment on July $31,2022.$ The ending inventory balance does not include the consigned goods. Receivables in the amount of $5,936$ were recognized on these consigned goods.

Equipment had a cost of $125,440$ and an accumulated depreciation balance of $31,360.$

Income taxes payable of $10,080$ were accrued on July $31.$ Nash Ltd$.,$ however, had set up a cash fund to meet this obligation. This cash fund was not included in the cash balance but was offset against the income taxes payable amount.

Prepare a corrected classified statement of financial position as of July $31,2022,$ from the available information, adjusting the account