The following is the trial balance of Blue Corporation as at 31 Dec. 2018. You need prepare financial position as at 31 Dec 2018. Blue Corporation Trial Balance as at 31 Dec. 2018 Debit ($) Credit ($) Accounts 52,800 Inventory at 1 January 2019 Sales 276,400 141,300 1,350 5,840 2,408 63,400 3,800 714 Purchases Carriage inwards Carriage outwards Returns outwards Wages and salaries Business rates Communication expenses Commission paid Insurance Sundry expenses Buildings Accounts receivable Accounts payable Fixtures Cash at bank 1,930 1,830 208 125,000 45,900 24,870 1,106 31,420 276 Cash in hand 37,320 Drawings Capital at 1 January 2018 Total 210,516 514,194 514,194 * Inventory at 31 Dec 2018 was $58,440