$($Preparing simple statement of financial position$)$ AP$1-12$A introduced Friedrich Burgel and his ski school and excursion company, Easy Peasy Ltd$.$ At the end of January, the following items were in his records:Loan owed to the bank. $60,000$Common shares. $41,000$Vehicles. $65,000$Ski equipment. $22,000$Amounts prepaid by customers for trips to be taken in FebruaryRetained earnings. $95,000$Amounts prepaid by Easy Peasy to secure accommodations in February $60,000$Cash in bank accounts. Required$*$ Identify each of the items in his records as an asset, liability, or shareholders'$$ equity item.$*$ Prepare a statement of financial position for Easy Peasy Ltd$.$ at the end of January.$*$ Does Friedrich Burgel have any inventory? Explain.$*$ Friedrich Burgel does not have accounts receivable in his records. Explain why it is unlikely that he will record accounts receivable. Under what business circumstances would it be necessary for him to record accounts receivable?