Prepare the balance sheet for Makincomp Incorporated using the trial balance information provided. Assume that the company follows IFRS and the preferred presentation is the non-current then current format. Use the British Airways Plc balance sheet found on page 219 as your guide.

MAKINCOMP INCORPORATED Post-Closing Trial Balance May 31, 2017 Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated amortization-equipment Building Accumulated amortization-building Land Accounts payable Unearned service revenue Notes payable, long-term Common shares Retained earnings Total $127,200 226,920 105,960 23,800 196,140 $157,440 257,340 63,000 179,800 136,140 63,360 134,400 449,580 113,240 $1,117,160 $1,117,160