Tree Top Restaurants Ltd., a chain that has several restaurants in cities across Canada, had the following account balances at December 31, 2016:

Retained earnings.................$ 60,000

Wages payable................. 10,000

Accounts receivable ............... 90,000

Bank loan payable (due in five years)........ 250,000

Buildings ................. 230,000

Accounts payable ............ 82,000

Prepaid insurance ................ 8,000

Common shares ................200,000

Cash ................... 53,000

Land .....................100,000

Income taxes payable ............... 5,000

Inventory .................... 46,000

Equipment .................. 80,000

Required:

Prepare a classified statement of financial position for Tree Top Restaurants Ltd. for December 31, 2016.