I need clarification on a question I have whether I'm correct or not.

I file my T2 corporate tax for 2006 every thing was ok ..Ihave no activity in2007 Nil income statement but i still have  assets and liabilities and shearholder equity.from 2006.this is what i did assets=$29056    account payable is$6555-29056=22501 due to shareholder is $41690-22501=19189.know the balance sheet look like that.assets=00    due to shareholder =19189 due to related party=34480  retained earning (deficit) is -53669   Iam correct or not Please help?                 

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