Required:

Prepare statement of financial position in good form.

The following statement of financial position was prepared by the bookkeeper for Bramble Corp. at December 31, 2023. Bramble Corp. Statement of Financial Position December 31, 2023 Cash Accounts receivable (net) Inventory Investments Equipment (net) Patents Accounts payable Bank loans Shareholders' equity Common shares Retained earnings $75,950 43,850 47,900 64,200 71,700 26,900 $330,500 $63,000 92,400 42,000 133,100 $330,500