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 $75,950 Accounts receivable (net) 43,850 Inventory 47,900 Investments 64,200 Equipment (net) 71,700 Patents 26,900 $330,500 Accounts payable $63,000 Bank loans 92,400 Shareholders' equity Common shares 42,000 Retained earnings 133,100 $330,500 The following additional information is provided: 1. "Cash" includes prepaid insurance of $7,900; as well, a bank overdraft of $1,175 has been deducted. 2. The net accounts receivable balance includes: (a) accounts receivable-debit balances $52,100; (b) accounts receivable-credit balances $4,200; (c) allowance for expected credit losses $4,050. 3. Inventory does not include goods costing $4,200 shipped out on consignment. Receivables of $4,200 were recorded on these goods. 4. Investments include investments in common shares, trading investments $20,200 and long-term investments $36,400, and franchises $7,600. 5. Equipment costing $6,700 with accumulated depreciation $4,700 is no longer used and is held for sale. Accumulated depreciation on the other equipment is $33,600. Prepare a statement of financial position in good form. (List Current Assets in order of liquidity.) Bramble Corp. Statement of Financial Position For the Year Ended December 31, 2023 Current Assets Cash Accounts Receivable| Less: Assets $ eTextbook and Media List of Accounts Liabilities and Shareholders' Equity EA +A $ Assistance Used