The following information is available for Karr Bowling Alley at December 31, 2012.

Prepare a classified statement of financial position; assume that $13,900 of the notes payable will be paid in2013.

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Buildings $128,800 14,520 4,680 18,040 Share Capital-Ordinary $100,000 Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Retained Earnings Accumulated Depreciation-Buildings 15,000 Accounts Payable Notes Payable Accumulated Depreciation-Equipment 12,300 97,780 18,720 2,600 14,180 62,400 64,000 780 Interest Payable Bowling Revenues 7,360 2,600