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These items are taken from the financial statements of Pronghorn Corp.at December 31, 2018. Buildings $158,700 Accounts receivable 18,900 7,020 Prepaid insurance Cash 17.760 Equipment

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These items are taken from the financial statements of Pronghorn Corp.at December 31, 2018. Buildings $158,700 Accounts receivable 18,900 7,020 Prepaid insurance Cash 17.760 Equipment 123,600 Land 91,800 Office expense 870 Income tax expense 300 Depreciation expense Interest expense 7,950 3,900 93,000 60,000 Common shares Retained earnings January 1, 2018) Accumulated depreciation-building 68,400 Accounts payable 12,600 Income taxes payable 1,650 140,400 Bank loan payable due July 1, 2020) 28,080 Accumulated depreciation-equipment Interest payable 5,400 Sales 21,270 Prepare a classified statement of financial position. Assume that $20400 of the bank loan payable will be paid in 2019. ust Property, ploterdeguentinorder cond buigsavdeperat Ust Current Assets harder quity PRONGHORN CORR Statement of Financial Position December 31, 2018 For the Month Ended December 2008 For the Year Ended December 31, 2018 Liabilities and Shareholders' Equity

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