nted below is the trial balance of RITEJ Co. at December 31, 2020.

	DEBIT	CREDIT
Accumulated. Depreciation Equipment		320,000
Equipment	6,440,000
Selling expenses	64,000
Accounts payable		325,000
Interest expense	120,000
Allowance for doubtful accounts		25,000
Income tax	163,000
Sales returns and allowance	38,000
Retained earnings		594,000
General expenses	197,000
Investments in held for collection securities	560,000
Share capitalordinary (125,000 ordinary shares ; SR 40 par)		5,000,000
Long-term notes payable		900,000
Goodwill	135,000
Dividend revenue		74,000
Inventories	327,000
Cost of goods sold	1,622,000
Accounts receivable	245,000
Cash	697,000
Sales revenue		3,260,000
Short-term notes payable		110,000
TOTAL	10,608,000	10,608,000

The Retained earnings balance of 594,000 is the beginning balance at 01-01-2020

Instruction

Prepare a statement of financial position at December 31, 2020, for RITEJ