Question: Hi I need help with this question please. FRANKLIN LTD. Statement of Financial Position December 31, 2018 Cash $ 65.000 Accounts payable $ 66.000 Prepaid

Hi I need help with this question please.

FRANKLIN LTD. Statement of Financial Position December 31, 2018 Cash $ 65.000 Accounts payable $ 66.000 Prepaid insurance 15.000 Salaries payable 25,000 Accounts receivable 95.000 Bonds payable 225,000 Inventory 120,000 Total liabilities 316.000 Land 165,000 Building $235,000 Common shares 250,000 Less: Accumulated Retained earnings 146.000 depreciation 70,500 164.500 Total shareholders' equity 396.000 Trademark $ 125,000 Less: Accum. Amort. 37.500 87.500 Total liabilities and Total assets $712.000 shareholders' equity $712.000 Non-current liabilities total X O $712,000. $316,000. $225,000. $ 25,000

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