The following items are from the liability and shareholders' equity sections of WestJet Airlines Ltd. s December 31, 2015, statement of financial position (in thousands):

Accounts payable and accrued liabilities......................$ 545,438

Advance ticket sales................................................620,216

Current portion of long-term debt................................227,391

Deferred income tax (long-term).................................327,028

Long-term debt...................................................1,276,475

Other current liabilities.............................................158,880

Other long-term liabilities...........................................13,603

Other shareholders equity items....................................84.616

Retained earnings................................................1,292,581

Share capital.........................................................582,7%

Instructions

(a) Identify the statement of financial position category in which each of the above items should be classified.

(b) Prepare the liabilities and equity sections of the statement of financial position.

(c) If you completed P2 2A, compare the total assets in P2 2A with the total liabilities and shareholders equity in P2-3A. Do these two amounts agree?