The post-closing trial balance of Carlise College had the following balances as of December 31, 2017:

Prepare a statement of financial position for Carlise College on December 31, 2017.

Accounts payable Accounts receivable Accumulated depreciation Allowance for uncollectible accounts Buildings and equipment Cash Investments Land Mortgage payable Payroll taxes payable Permanently restricted net assets Temporarily restricted net assets Unrestricted net assets $30,000 300,000 130,000 40,000 350,000 80,400 210,000 100,000 220,000 12,000 210,000 12,500 385,900