The following information applies to the questions displayed below.] On April 1, 2015, Jennifer Stafford created a new travel agency, See-It-Now Travel. The following transactions occurred during the company's first month April 1 Stafford invested $36,000 cash and computer equipment worth $30,000 in the company. 2 The company rented furnished office space by paying $1,900 cash for the first month's (Apri) rent. 3 The company purchased $1,800 of office supplies for cash 10 The company paid $2,900 cash for the premium on a 12-month insurance policy. Coverage begins on April 11 14 The company paid $1,400 cash for two weeks' salaries earned by employees 24 The company collected $8,500 cash on commissions from airlines on tickets obtained for customers 28 The company paid $1,400 cash for two weeks' salaries earned by employees 29 The company paid $500 cash for minor repairs to the company's computer. 30 The company paid $1,300 cash for this month's telephone bill 30 Stafford withdrew $2,200 cash from the company for personal use The company's chart of accounts follows 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip 209 Salaries Payable 301 J. Stafford, Capital 302 J. Stafford, Withdrawals 405 Commissions Earned 612 Depreciation Expense-Computer Equip 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information a. Two-thirds of one month's insurance coverage has expired b. At the end of the month, $400 of office supplies are still available c. This month's depreciation on the computer equipment is $500 d. Employees earned $430 of unpaid and unrecorded salaries as at month-end e. The company earned $1,800 of commissions that are not yet billed at month-end SEE-IT-NOW TRAVEL Statement of Changes in Equity For Month Ended April 30, 2015 J. Stafford, Capital, April 1, 2015 Add: Investments by owner Add: Net profit 66000 1309 67309 Less: Withdrawals by owner 2200 J. Stafford, Capital, April 30, 2015 65109 5.3 Prepare the statement of financial position at April 30, 2015. (Be sure to list the assets and liabilities in order of their liquidity. Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to the nearest dollar amount. Omit the "$" sign in your response.) SEE-IT-NOW TRAVEL Statement of Financial Position April 30, 2015 Assets Cash Computer equipment Prepaid insurance Office supplies Accounts receivable Accumulated depreciation-computer equipment 36000 30000 2900 1800 0 Total Assets Liabilities Salaries payable Equit J. Stafford, Capital Total Liabilities and Equity