(show the calculation please )

Using the given template formats, assuming 2020 is the company's first year in business.

Using the information in the adjusted trial balance 2020 & 2021, prepare the statement of financial position for the years ending December 31, 2020 & 2021

\begin{tabular}{l} Statement of Financial Position \\ \hline As at December 31,2020&2021 \end{tabular} LIABILITIES AND SHAREHOLDERS' Current liabilities: Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EC