The comparative statement of financial position for Blossom Retailers Ltd. follows: BLOSSOMRETAILERS LTD. Statement of Financial Position December 31 Assets 2021 2020 Cash $ 0 $ 15,000 Accounts receivable 70,000 47,000 Inventory 210,000 165,000 Furniture 130,000 160,000 Accumulated depreciation (31,000) (42,000) Total assets $ 379,000 $ 345,000 Liabilities and Shareholders' Equity Bank overdraft $ 9,000 $ 0 Accounts payable Bank loan payable (noncurrent) 62.000 42,000 90,000 100,000 Common shares 47,000 57,000 Retained earnings 171,000 146,000 Total liabilities and shareholders' equity $ 379,000 $ 345,000