Exercises 223 ES-12 (Preparation of a Statement of Financial Position) Presented below is the trial balance of Vivaldi Corporation at December 31, 2015. Debit Credit Cash 197,000 Sales Revenue Trading Securities (at cost, 145,000) Cost of Goods Sold Long-term Investments in Bonds Long-term Investments in Shares Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts 7,900,000 153,000 4,800,000 299,000 277,000 90,000 455,000 2,000,000 63,000 260,000 1,040,000 136,000 96,000 435,000 352,000 25,000 900,000 211,000 597,000 Interest Expense Inventory Pension Liability (long-term) Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation-Equipment 80,000 900,000 600,000 1,000,000 60,000 Franchises Share Capital- Ordinary (5 par) Treasury Shares 160,000 1,000,000 91,000 195,000 Patents Retained Earnings Accumulated Other Comprehensive Income 78,000 80,000 12,315,000 1,315,000 Total Instructions Prepare a statement of financial position at December 31, 2015, for Vivaldi Corporation. (Ignore income taxes