1. From the following account balances prepare the statement of financial position of Kapamilya Corp, as of Dec. 31, 2021 \begin{tabular}{|l|r|r|} \hline Accumulated depreciation - Building & & 50,000 \\ \hline Accounts receivable & & 65,000 \\ \hline Building & & 1,200,000 \\ \hline Cash & & 65,000 \\ \hline Equipment & & 150,000 \\ \hline Inventories & & 25,000 \\ \hline Land & & 1,800,000 \\ \hline Notes receivable & 55,000 \\ \hline Preference share capital & & 1,255,000 \\ \hline Notes payable & & 45,000 \\ \hline Accounts payable & 55,000 \\ \hline Withholding taxes payable & & 35,000 \\ \hline Prepaid expenses & & 20,000 \\ \hline Accumulated depreciation - Equipment & & 35,000 \\ \hline Retained carnings & & 1,905,000 \\ \hline \end{tabular}