Donalty Corporation opened for business on January 1, 2018. The following information is available with regards to their accounts as of December 31, 2018: Accounts payable $2,500 $5,500 Accounts receivable Administrative expenses $4,500 Bank loan $55,000 Cash $130,200 Common shares $51,000 Dividends declared $1,000 Equipment $25,000 Insurance expense $4,800 Interest expense $4,000 Revenue $145,000 Salaries expense $78,500 The following information was also available for the year: Net cash used by operating activities was $50,200 Cash of $25,000 was paid to purchase new equipment Cash of $51,000 was received from the issue of common shares Cash of $55,000 was received from the bank loan Cash of $1,000 was declared and paid for dividends.

PLEASE ONLY FIND THE STATEMENT OF FINANCIAL POSITION ACCORDING TO THIS BOX.

DONALTY CORPORATION Statement of Financial Position December 31, 2018 Assets 130200 Cash he 5500 Accounts Receivable 25000 Equipment Total Assets 160700 Liabilities Accounts Payable 2500 Total Liabilities ELECT - Common Shares 51000 Donalty Corporation Staternent of Cash Flows Year Ende December 31, 2018