Prepare a statement of financial position

D Co. had the following balances on their General Ledger on the first month of their business. December 2018. The company is owned by Jake Denver

Rent Expense $50k

Advertising Expense $10k

D Co. Capital $5m

Service Income $1.05m

Taxes and Licenses $30k

Salaries $195k

Cash $2.75m

Gas and Oil $20k

Utility Expense $15k

Guns and Ammunitions $2.5m

Accounts Payable $500k

Office Equipment $100k

Office supplies $30k

Communication Equipment $300k

D Co Drawing $100k

Service Vehicle $300k

Accounts Receivable $100k

Prepaid Insurance $50k