View Policies Show Atternpt History Current Attempt in Progress These items are taken from the financial statements of Sunland Corporation for the year ended December 31, 2021: Retained earnings, January 1 Cash Salaries payable Utilities expense Equipment Accounts payable Buildings Common shares Dividends declared Service revenue Prepaid insurance Repairs and maintenance expense Land Depreciation expense $215,000 11,900 3,000 2,000 59.500 14,000 63,000 36.200 4,000 212.900 1.500 2.800 174500 6.200 Type here to search O DELL Question 5 of 7 12.7/20 6,200 14,200 2,700 Depreciation expense Accounts receivable Insurance expense Salaries expense Accunulated depreciation-equipment Income tax expense Supplies Operating expense Suppliexpense Bank loan payable, due 2024 Trading Investments Accumulated depreciation-buildings Interest expense Interest revenue 121,300 19,600 6,000 200 39.400 1.000 15.000 21.000 16 500 1.500 500 Additional information Sunland started the year with 2000 at common shares and issued 200 during the 2. Sunand must 51.500 of the bank loan payable next year 2023 Type here to search du DELL 20 3) Prepare a statement of financial position for the year. (List Current Assets in order of liquidity. List Property, plant, and Equipment in order of Land, Buildings, and Equipment.) SUNLAND CORPORATION Statement of Financial Position Assets $ Barch o i * ENG 20 DELL Question 5 of 7 12.7/20 = > Liabilities and Shareholders Equity TAS Type Tee to our NO DELL 20 it Liabilities and Shareholders' Equity Tybe here to search RI do ING 25.01. DELL