WileyPLUS Problems 2-2 The following accounts and amounts (in thousands) were taken from the 2015 financial statements of Tailwind Instruments, Inc. Common shares $1,932 Cash $735 Prepaid insurance 644 Accumulated deprecnatlon 2,814 eqUIpment Equipment 6,647 Accounts payable 952 Salaries payable 95 Mortgage payable (due 2025) 746 Merchandise 1,449 Retained earnings 4,596 Inventory Trading investments 1,047 Accounts receivable 641 Income tax payable 28 Prepare a classified statement of nancial position as at December 31, 2015. TAILWIND INSTRUMENTS, INC. Statement of Financial Position December 31, 2015 (in thousands) Prepare a classified statement of nancial position as at December 31, 2015. TAILWIND INSTRUMENTS, INC. Statement of Financial Position December 31, 2015 (in thousands) Y $ '| $ $ '| V: '| $ '| $ ll