View Policies Current Attempt in Progress SHEFFIELD LTD. Statement of Financial Position December 31, 2022 Cash $80600 Accounts payable $65000 Prepaid insurance 14400 Salaries payable 24700 Accounts receivable 91000 Bonds payable 231000 Inventory 118000 Total liabilities 320700 Land 162000 Building $230000 Common shares 250000 Less: Accumlated depreciation 71500 158500 Retained earnings 148000 Trademark $131000 Total shareholders' equity 398000 Less: Accum. Amort. 36800 94200 Total liabilites Total assets $718700 and shareholders' equity $718700 Non-current liabilities total $718700. $320700 O $231000. $24700