Bruno SpA has decided to expand its operations. The bookkeeper recently completed the following statement of financial position in order to obtain additional funds for expansion.

Instructions
Prepare a revised statement of financial position given the available information. Assume that the accumulated depreciation balance for the buildings is €160,000 and for the equipment, €105,000. The allowance for doubtful accounts has a balance of €17,000. The pension liability is considered a non-current liability.