Question 1 Complete the January 31, 2019, statement of financial position (in T form) of Small World Legal Services Company the following information. All transactions are in HKD. (1) Land $135,000; Equipment $35,000; Cash $90,000; Accounts payable $45,600; and Total liabilities and equity $375,000.- (2) Shareholders' equity at January 1, 2019, included share capital of $140,000.- (3) The land and building were purchased by the business for a total price of $200,000 on January 25, 2019, from a company forced out of business. On January 31 2019, an appraiser valued the property at $260,000.- (4) Additional capital stock was issued in exchange for $50,000 cash. (5) Retained earnings at January 31, 2019, amounted to $49,400. (6Please calculate the Accounts receivable, Total liabilities, and Notes payable. (7) Please show book value of Land and book value of building separately. (8) Workings and computations must be shown (Total 40 marks) Answer to Question ls workings and computations (e.g. (a) Land = Land and Building - Building;