Please solve this question           Financial data for Safety Hire as of 30 June 2019 are:                     Data Prepare an income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June 2019.                                     Data available in the image thnkx

Required: Prepare a properly classified statement of financial position for HBI COMPANY as of December 31, 2021. Save your FS as pdf and upload it here.

On January 1, 2019, Northern Manufacturing Company bought a piece of equipment by signing a non-interest-bearing $80,000, 1-year note. The face value of the note includes the price of the equipment and the interest. The effective interest rate is an annual rate of 16%, and the note is to be paid in four $20,000 quarterly installments on March 31, June 30, September 30, and December 31. The price of the equipment is the present value of the four payments discounted at the effective interest rate.