#1. Construct the SFP: . Cash and cash equivalence +$10,000 Inventory = 200,000 Store and property, net = 100,000 Trade receivables = 22,000 Trade payables = 17,000 Long term debts = 170,000 Assets Cash and cash equivalents $10,000 Trade receivables 22,000 200,000 100,000 Inventory Store & property_ Total assets $332,000 Liabilities & Shareholders' Equity Trade payables $ 17,000 Long-term debt 170,000 Shareholders' equity Liabilities & Shareholders' equity 145,000 $332,000