The financial statement columns of the worksheet for The Coffee Pot at December 31, 2014, are as follows: 
Instructions
(a) Calculate the retained earnings balance that would appear on a Statement of financial position at December 31, 2014.
(b) Prepare a classified statement of financial position for The Coffee Pot at December 31, 2014 assuming the note payable is a long-term liability.
Definitions:
Low-birth Weight Babies
Infants born with a weight of less than 2,500 grams (5.5 pounds), often associated with higher risks of early health problems and developmental challenges.
Cephalocaudal Pattern
A principle of development where growth starts at the head and progresses downwards towards the feet.
Development
The process of change and growth in physical, cognitive, and social aspects of a human over their lifespan.
Male Hormones
Steroid hormones, such as testosterone, that are primarily produced in males and responsible for the development of male secondary sexual characteristics.
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