The bookkeeper for Sarasota Corp. has prepared the following statement of financial position as at July 31,2023 : The following additional information is provided: 1. Cash includes $1,400 in a petty cash fund and $14,000 in a bond sinking fund. 2. The net accounts receivable balance is composed of the following three items: (a) accounts receivable debit balances $56.000; (b) accounts receivable credit balances $8,600; and (c) allowance for expected credit losses $3,700. 3. Inventory costing $7,000 was shipped out on consignment on July 31,2023 . The ending inventory balance does not inclu the consigned goods. Receivables of $7,000 were recognized on these consigned goods. 4. Equipment had a cost of $213,000 and an accumulated depreciation balance of $46,000. 5. Income tax payable of $10,200 was accrued on July 31 . Sarasota, 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 tay payable account. 7. Shareholders' equity is made up of two account balances: Common Shares of $160,500 and Retained Earnings of $80,200. (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.)