Answer:
Balance Sheet of Sophie's Sofas for the year ended December 31th 20XX
Cash              10,000    Account Payable     17,000
Account Receivable 22,000    Long Term Debt     170,000
Inventory         200,000    Total Liabilities      187,000
Current Assets     232,000    Stockholders Equity 145,000
PPE Â Â Â Â Â Â Â Â Â Â Â Â Â 100,000
Total Assets       332,000    Total SE + Liab      332,000
Explanation:
We calculate equity using the accounting equation:
Assets = Liabilities + Equity
We add all the assets in one column, and the liab  in another. Now, once we got these two, we calculate equity by subtracting:
332,000 - 187,000 = Equity = 145,000
