Condensed financial statement data of the Alberta Company for the years ending December 31, 1978, 1979, and 1980 are presented on page 179 .

The original cost of the noncurrent assets sold during 1979 was \(\$ 108,000\). These assets were sold for cash at their net book value. Prepare a statement of changes in financial position for the year 1979 with funds defined as working capital. Support the statement with a T-account work sheet.