Problem 3 (6 marks) Below is the adjusted trial balance of ALLGOOD Ltd at December 31, 2017. It is prepared by a new recruit. Every item in the trial balance is correct except for their classication. D it r it Land ...................................................... 24,000 Equipment ............................................... 10,000 Accounts receivable .................................... 3200 Cash ...................................................... 15,400 Salaries expense ........................................ 3,?00 Supplies ................................................. 2,500 Salaries payable ........................................ 1,000 Bank loan (due in 5 years) ............................ 6,500 Accumulated depreciation Equipment ........... ? Accounts payable ....................................... 4,000 Unearned revenue ...................................... 700 Common shares (normal credit balance) ............ 25,000 Dividends declared (normal debit balance) ......... 1,000 Retained earnings ...................................... 9,500 Service revenue ........................................ 14,600 Depreciation expense .................................. 1,300 Supplies expense ....................................... 1,800 Income tax expense .................................... 900 Total ................................................... 63,800 ? Instructions: Prepare the ASSETS section of the Statement of Financial Position of ALLGOOD at December 31, 2017