Classify each account as an Asset, Liability, or Shareholders' Equity item. Accounts payable $16,848 Liability Accounts receivable 14,148 Asset Bank loan payable 34,560 Liability Cash 10,098 Asset Common shares 21,600 Shareholders' Equity Deferred revenue 1,944 Liability Equipment 32,940 Asset Income tax payable 1,944 Liability Intangible assets 5,400 Asset Interest payable 324 Liability Inventory 9,936 Asset Prepaid insurance 1,080 Asset > > > > > > > > > Retained earnings 22,950 Shareholders' Equity Salaries payable 756 Liability Supplies 3,024 Asset Vehicles 24,300 Asset > > Calculate total assets, total liabilities, and total shareholders' equity. Total assets Total liabilities Total shareholders' equity LA $ LA Prepare Ivanhoe's accounting equation. Equation: $ = = $ + + $