Preparing a Statement of Financial Position (LO1) Prepare a 2018 statement of financial position for Listowel Corp. based on the following information: cash = $127,000; patents and copyrights = $630,000; accounts payable = $210,000; accounts receivable = $105,000; tangible net fixed assets = $1,620,000; inventory = $293,000; notes payable = $160,000; accumulated retained earnings = $1,278,000; long-term debt = $845,000.