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View Policies Current Attempt in Progress $30300 10500 121000 SWIFTY'S FURNITURE OUTLET LTD. Statement of Financial Position December 31, 2022 $4700 Accounts payable 19500 Salaries payable 1200 Mortgage payable 161000 Total liabilities 105000 Shareholders' equity Common shares 78300 Retained earnings Total shareholders' equity 29100 $398800 Total liabilities and shareholders equity $161800 Cash Accounts receivable Supplies Inventory Land Building $99000 Less: Accum. Depreciation 20700 Trademark $40000 Less: Accum. Depreciation 10900 Total assets $137000 100000 237000 $398800 The dollar amount of current assets is $ 25400 $ 40800 $24200 $ 186400 Current Attempt in Progress WATERWAY LTD. Statement of Financial Position December 31, 2022 $86000 Accounts payable 15300 Salaries payable 99000 Bonds payable 112000 Total liabilities 158000 $235000 Common shares 69500 165500 Retained earnings $118000 Total shareholders' equity 37600 80400 Total liabilites $716200 and shareholders' equity Cash Prepaid insurance Accounts receivable Inventory Land Building Less: Accumlated depreciation Trademark Less: Accum. Amort Total assets $66800 24400 226000 317200 Unresolved 142000 399000 $716200 Net income retained for use in the business is $716200 $399000 $317200 $142000

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