The Cullumber's Corner, a company that sells video games and related items, had the following account balances at the

end of June $2024$:

Cost of goods sold $$103,900$

Common shares $38,600$

Advertising expense $8,000$

Equipment $11,000$

Depreciation expense $1,100$

Dividends declared $3,860$

Accounts payable $14,300$

Inventory $27,600$

Wages expense $35,100$

Sales revenue $197,300$

Accounts receivable $18,300$

Rent expense $12,300$

Cash $50,440$

Prepaid rent $3,400$

Wages payable $3,300$

Retained earnings $($as at July $1,2023)21,500$Prepare a classified statement of financial position as at June $30,2024.($List Current assetsin order of liquidity.$)$

The Cullumber$$s Corner

Statement of Financial Position

June $30,2024$