This a third year accounting question. Please help me out with this question

ADMN 3221H Accounting Assignment 2 Fall 2017 Question 17 (20 marks) The following statement of financial position was prepared by the bookkeeper for Badger Corp at December 31, 2016. Badger Corp. Statement of Financial Position December 31, 2016 Accounts payable Long-term liabilities..110,000 Shareholders' equity. 208,500 $ 75,000 Cashuu Accounts receivable (net)52,200 Inventories...u57,000 $ 90,000 Equipment (net) Patents 86,000 393.500 The following additional information is provided 1. "Cash" includes prepaid insurance of $9,400; as well, a bank overdraft of $1,500 has been deducted. 2. The net accounts receivable balance includes (a) accounts receivable-debit balances $62,000 (b) accounts receivable-cred t balances $5,000; (c) allowance for doubtful accounts $4,800 3. Inventories do not include goods costing $5,000 shipped out on consignment. Recelvables of $5,000 were recorded on these goods. 4. Investments include investments in common shares, trading $24,000 and long-term $43,300, and franchises $9,000. 5. Equipment costing $8,000 with accumulated depreciation $6,000 is no longer used and is held for sale. Accumulated depreciation on the other equipment is $40,000 Instructions Prepare a statement of financial position in good form (shareholders' equity details can be omitted.)