2.21 Carmela’s business has the following balances at 18 October 2012:

£

Amounts due from customers 16 303 Non-current assets – machinery 12 722 Amounts payable to suppliers for materials 6 868 Bank balance 6 993 Cash on the premises 120 Amounts payable to the HMRC 396 Long-term loan from sister 1 800 Non-current assets – office computer 1 060 Inventory of goods 17 721 Prepare the statement of financial position for Carmela at 18 October 2012.
NB: no figure is given for Carmela’s capital – it has to be calculated from the information given above.