*Exercise 7-03 Tamarisk, Inc. shows a balance of $524,870 in the Accounts Receivable account on December 31, 2020. The balance consists of the following: Instalment accounts due in 2021 $92,500 Instalment accounts due after 2021 78,000 Overpayments to creditors 12,580 Due from regular customers, of which $40,000 represents accounts pledged as security for a bank loan 167,000 Advances to employees 69,790 Advance to subsidiary company (made in 2015) 105,000 $524,870 Show how the information above should be presented on the statement of financial position of Tamarisk, Inc. at December 31, 2020. Tamarisk, Inc. Statement of Financial Position