American Tire's accountant prepared the following statement of financial position on July 30, 2020, the companys year end:

American Tire

Statement of Financial Position

July 30, 2020

Cash	$ 85,000.00		Accounts Payable	$ 95,000.00
Accounts Receivable (net)	$ 162,200.00		Bonds Payable	$ 190,000.00
Inventory	$ 72,000.00		Shareholders' Equity	$ 248,500.00
Investments	$ 76,300.00
Vehicle Equipment (net)	$ 96,000.00
Copyright	$ 42,000.00
Total	$ 533,500.00		Total	$ 533,500.00

The following additional information is available:

A. The Cash balance includes a bank overdraft of $2,500 (the only account at this bank), and a Bond Sinking Fund of $9,400.

B. The net accounts receivable balance includes:

-an allowance for doubtful accounts of $3,800

-accounts receivable with credit balances of $4,000

-accounts receivable with debit balances $170,000

C. Inventory does not include goods with a cost of $3,000 shipped out on consignment. Receivables of $3,000 were recorded on these goods.

D. Investments include FV/NI investment in common stock, $19,000, FV/OCI investment in common stock $48,300 and a Patent $9,000.

E. Vehicla equipment costing $10,000 with accumulated depreciation of $9,000 is no longer being used and is held for sale. The balance of accumulated depreciation on the other computer equipment is $40,000.

F. Some other account balances at June 30 2020:

-Contributed surplus. $1,500

-Other comprehensive income.. $10,000

-Accumulated Other Comprehensive Income. $57,000

-Common Shares.. $160,000

-Amortization Expense. $4,500

-Gain on sale of Equipment $1,000

- Retained Earnings.. ?

Required: Prepare a statement of financial position in good form assuming American Tire follows IFRS.