The statement of financial position of DELTA Co.'s as of December 30, 2009 was as follows: Assets Fixed assets Buildings (net value) Equipment (net value) 700,000 440,000 Cash and cash equivalents Other current assets Equity 100,000 600,000 1,840,000 ferred stock 15,000 shares 120,000 stoc 100,000 shares 800,000 Preferred stock Common stock Reserves 22,000 68,000 120,000 210,000 1,340,000 500,000 1,840,000 ine Liabilities Equity and liabilities In addition, consider that DELTA Co. completed the following transactions on December 31, 2009: Declared and paid a dividend as follows: - 0,05 per share of common stock - 2 per cent of the par value for shares of preference stock. The preference dividend is cumulative and is in arrears (i.e. was not declared) for two years. (Assume that dividend was paid only to the shares that were outstanding on December 30, 2009) Issued 12,000 shares of common stock for cash of 11 per share. * Issued 20,000 shares of preference stock in exchange for the following assets Land with a fair value of 130,000 Machinery with a fair value of 35,000 Transferred an amount of 15,000 from retained earnings to reserves. Required: prepare the statement of financial position of DELTA Co. as of December 31, 2009