Statement of financial position amounts as of December 31, 2014 for Lori's Tutoring Service are listed below. Prepare a statement of financial position in good form. 
Definitions:
Society's Preference
The collective values and priorities of a community or population, often influencing policy and market trends.
Resources Available
Refers to the total means available for economic and operational development, such as raw materials, manpower, and capital.
Economic Perspective
Viewing issues through the lens of economics, focusing on how resources are allocated, used, and managed to meet needs and achieve objectives.
State Government
The government of a specified state within a country, responsible for local laws and policies distinct from the federal government.
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