Your answer is partially correct. The following information is available for Riverbed Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129.900 14,580 4,760 17,740 60,800 78,000 780 7.360 2,350 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 29,480 42,570 11.700 97,600 18.240 2,350 14,330 Prepare a classified statement of financial position. Assume that $14.200 of the notes payable will be paid in 2023. (List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Prepare a classified statement of financial position. Assume that $14,200 of the notes payable will be paid in 2023. (List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Riverbed Bowling Alley Statement of Financial Position December 31, 2022 Assets Total Current Assets Land $ 780 Buildings 129900 Less : Accumulated Depreciation-Buildings 42570 i 873 Equipment 60800 Less : Accumulated Depreciation Equipment 18240 426 Current Assets Prepaid Insurance 47 Accounts Receivable 145 Cash 177 Prepare a classified statement of financial position. Assume that $14,200 of the notes payable will be paid in 2023. (List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Riverbed Bowling Alley Statement of Financial Position December 31, 2022 Assets $ 78000 $ 129900 ildings 42570 87330 60800 uipment 18240 i I 42650 $ 207900 4760 14580 17740 37080 20 Question 1 of 6 7.8/10 E 129900 lildings 42570 87330 60800 woment 18240 42650 $ 207900 4760 14580 17740 37080 $ 244980 Equity and Liabilities 100000 29480 Equity and Liabilities Equity Share Capital Retained Earnings Long-term Liabilities Notes Payable Current Liabilities Accounts Payable 117 Interest Payable 23 Notes Payable 1291 Total Equity and Liabilities Equity and Liabilities $ 100000 29480 83400 $ 11700 2350 12900 32100 $ 244980 eTextbook and Merlin Question 1 of 6 Total Current Assets Current Liabilities Total Assets Total Equity and Liabilities Total Long-term Liabilities Non-Current Liabilities Property, Plant, and Equipment Current Assets Long-term Liabilities Total Current Liabilities Equity Current Liabilities Accounts Payable Joterest Payable Notes Payable Total Equity and Liabilities