Question 3 [50 points] Global Filter Corp. began operations 2 years ago its adjusted account balances at June 30, 2014 are shown below Global Filter Corp issued shares worth $10,000 during June, 2014 Use this information prepare the following classified balance sheet at June 30. Accounts receivable 11,630 Accumulated depreciation, boats 4,930 Accumulated depreciation, trucks 4.100 Advertising expense 8,320 Boats 38, 180 Cash 4 890 Consulting revenue earned 8,630 Depreciation expense, boats 1,530 Depreciation expense, trucks 1,560 Dividends 3,790 Insurance expense 2,200 Interest earned 2,980 Interest expense 2,530 Interest payable 5,940 Land 10,770 Long-term notes payable 24,670 Long-term investment in shares 10,840 Mortgage Payable (due May, 2018) 28,290 Prepaid advertising 3,490 Prepaid insurance 2,220 Rent earned 11,950 Retained earnings 7,570 Share capital 19,710 Trademark 4 770 Trucks 20,470 Unearned rent 8,320