Cayuga Ltd. prepared the following trial balance at the end of its first year of operations ended December 31. To simplify the case, the amounts given are in thousands of dollars. Other data not yet recorded at December 31 are as follows: Account Titles Cash Accounts receivable Prepaid insurance Machinery (20-year life, no residual value) Accumulated depreciation Accounts payable Wages payable Income taxes payable Contributed capital (5,000 shares) Retained earnings (deficit) Revenues (not detailed) Expenses (not detailed) Totals a. Insurance expired during the year, $5. b. Depreciation expense for the year, $5.. c. Wages payable, $9. d. Income tax expense, $10. Unadjusted Debit Credit $ 39 10 7 100 $ 10 10. 85 33 $194 $194 4-c. Using the adjusted balances, prepare a statement of financial position. (Enter your answers in thousands of dollars. Amounts to be deducted should be indicated with a minus sign.) Cash Accounts receivable Prepaid insurance Machinery, at cost Accumulated depreciation Total assets Accounts payable Wages payable Income taxes payable Total liabilities CAYUGA LTD. Statement of Financial Position As at December 31 (In thousands of dollars) Assets 0 $ 0 Liabilities Shareholders' Equity Contributed capital Retained earnings 0 Total liabilities and shareholders' equity $ 0