A small extract of the Statement of Financial Position as at $31$ December $2015$ is given below:

Current assets

Prepaid rent

Accounts receivable

Accrued income

Inventory

Bank

Current liabilities

SARS $($Taxation liability$)$

Accrued expenses

Accounts parabie

$\backslash$table$[[423300],[18000],[70000],[15000],[75000],[264380]]$

In addition you have been provided with the Statement of Comprehensive income for the current year:

Statement of Comprehensive Income of Tim's Trading $($Pty$)$ Ltd as at $31$ December $2016$:

$1\mathrm{.}1$ Prepare the Statement of Financial Position as at $31$ December $2016$ in the appropriate format for Tim's Trading $(2015$ is not required, only $2016).($Max$.25$ lines$)(10$ marks$)$