Prepare J. Magee's statement of financial position (vertical format) as at 31 December 20X9 from the following: Office machinery Trade payables Sundry payables Inventory of goods Stationery inventory Cash at bank Trade receivables Sundry receivables 22,000 1,600 1,100 4,100 500 1,150 10,65 6,000 Note: You have to determine J. Magee's equity capital balance. Statement of Financial Position for J. Magee as at 31 December 20X9 ASSETS Non-current assets 0 Current assets 0 0 Total assets EQUITY AND LIABILITIES Equity capital Current liabilities 0 Total liabilities Total equity and liabilities 0