TEL Company provided the following account balances on Dec. 31, 2019

Accounts Receivable.........................................................................400,000.00

Advances to Officers -not- currently collectible ...........................100,000.00

Sinking Fund ......................................................................................400,000.00

Building    ........................................................................................5,000,000.00

Longterm Refundable Deposit    .......................................................50,000.00

Cash and cash Equivalent    ..............................................................500,000.00

Cash Surrender Value .........................................................................60,000.00

Equipment ......................................................................................1,000,000.00

Lease Rights    ...................................................................................100,000.00

Accrued Interest on Notes Receivable .............................................10,000.00

Inventories .....................................................................................1,300,000.00

Land ...............................................................................................1,500,000.00

Land Held for Speculation ..............................................................500,000.00

Notes Receivable    .........................................................................250,000.00

Computer Software    ....................................................................3,250,000.00

Prepaid Expenses ...............................................................................70,000.00

Trading Securities    ..........................................................................280,000.00

Unsaved Rent Income .........................................................................40,000.00

Retained Earnnings (deficit)    ......................................................(1,800,000.00)

Share Premium- Preference .............................................................500,000.00

Premium o Bonds Payable .............................................................1,000,000.00

Preference Share Capital    ...............................................................2,000,000.00

Share Premium- Ordinary    ..................................................................200,000.00

Notes Payable .......................................................................................400,000.00

Accrued Salaries ...................................................................................100,000.00

Accumulated Depreciation - Building    ...........................................2,000,000.00

Accumulated Depreciation -Equipment ..............................................200,000.00

Allowance for Doubtful Accounts ...........................................................20,000.00

Bonds Payable ......................................................................................5,000,000.00

Dividends Payable    .................................................................................120,000.00

Ordinary Shares Capital ..........................................................................5,000,000.00

Withholding Tax Payable ............................................................................30,000.00

Preference Share Redemption Fund    .....................................................350,000.00

* Prepare a properly classified statement of Financial Position on Dec. 31,2019