You are the accountant for XYZ Company. You prepared the financial position statement for XYZ on 31/12/2020 as follows: Assets Liabilities Cash 8,000 A/P 3,000 A/R 14,000 Equity Equipment 20,000 Capital 30,000 RE 9,000 Total Assets 42,000 Total Lla. &Equ. 42,000 One of the shareholders, who doesn't have any accounting background, was wondering about the R.E balance: 9,000. He was confused as to why the R.E balance 9,000 what the cash available is only 8,000 How would you answer him? Led States Mee