Hello chegg team, Can i get answers for the above question in image?

US 200 Comprehensive Problem Part 2 Fall 2018 Part 2 Due December 5, 2018 Part 1-70% of total Comprehensive marks Part 2-30% of total Comprehensive marks Sunland Inc. reported the following information at the end of its 2017 fiscal year Sunland Inc. Statement of Financial Position As at April 30, 201 Assets 2017 2016 209,000 114,000 107,000 20,000 181,000 1,242,000 (358,000) Cash 153,000 97,000 254,000 12,000 87,000 1,148,000 (374,000) Accounts receivable Prepaid operating expenses Long term investments Equipment Less: Accumulated depreciation 1,515,000 1,377,000 Liabilities and Shareholders Equity Accounts payable Income tax Bonds payable Common shares 100,000 issued and outstanding Retained earnings 53,000 30,000 662,000 65,000 27,000 753,000 payable 325,000 254,000 445,000 278,000 1,515,000 1,377,000 Page 1 of 2