Prepare a statement of financial position. Assume that $23,120 of the bank loan payable will be paid in 2019.

These items are taken from the financial statements of Swifty Corp. at December 31, 2018. Buildings Accounts receivable Prepaid insurance Cash Equipment Land $179,860 21,420 7,956 20,128 140,080 104,040 986 Office expense 340 Income tax expense Depreciation expense Interest expense 9,010 4,420 105,400 Common shares 68,000 Retained earnings (January 1, 2018) Accumulated depreciation-building Accounts payable Income taxes payable Bank loan payable (due July 1, 2020) Accumulated depreciation-equipment Interest payable Sales 77,520 14,280 1,870 159,120 31,824 6,120 24,106