The following information relates to Celtics Basketball Academy on 30 June 2020. Equipment 67,500 Prepaid Insurance 6,750 Wages Expenses 36,000 Cash at Bank 48,750 Service Revenue 80,000 Wages Payable 16,875 Depreciation expense - Equipment 6,750 Accounts receivable 6,625 Supplies Expense 3,450 Owner, Drawings 5,500 Unearned revenue 6,250 Supplies 3,250 Electricity Expense 5,550 Accounts payable 4,875 Capital ? Loan payable (due in 2025) 8,750 Accumulated Depreciation - Equipment 30,000 Required: Prepare a fully classified Balance Sheet in narrative format for the financial year. (13 marks)