These items are taken from the financial statements of Cullumber Corporation for the year ended December 31, 2021:

Retained earnings, January 1		$214,000
Cash		14,900
Salaries payable		3,000
Utilities expense		2,000
Equipment		58,500
Accounts payable		17,000
Buildings		63,500
Common shares		35,700
Dividends declared		4,000
Service revenue		212,900
Prepaid insurance		2,500
Repairs and maintenance expense		2,800
Land		174,000
Depreciation expense		5,700
Accounts receivable		13,700
Insurance expense		1,700
Salaries expense		124,300
Accumulated depreciationequipment		17,600
Income tax expense		6,000
Supplies		200
Operating expense		39,400
Supplies expense		1,000
Bank loan payable, due 2024		15,500
Trading investments		18,000
Accumulated depreciationbuildings		17,500
Interest expense		1,500
Interest revenue		500

Additional information:

1.	Cullumber started the year with $31,000 of common shares and issued $4,700 more during the year.
2.	Cullumber must pay $1,500 of the bank loan payable next year in 2022.

Prepare a statement of financial position for the year. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Equipment.)

CULLUMBER CORPORATION Statement of Financial Position Assets $ $ $ Liabilities and Shareholders' Equity $ Liabilities and Shareholders' Equity $