Assets:
Current Assets:
cash	$100,000
Unclaimed payroll checks	27,500
Securities at cost (fair value $ 30,000)	37,000
Accounts receivable (minus provision for bad debts)	75,000
Inventory (cost or market whichever is lower)	240,000
Total assets	479,500
Tangible assets:
Land (minus accumulated depreciation)	80,000
Buildings (net)	550,000
Net tangible assets	630,000
Total long-term investments:
Stocks and bonds	100,000
Treasury stocks	70,000
Total long-term investments	170,000
Other assets:
Discount on bonds payable	19,400
reserve	975,000
Other total assets	994,000
Total assets	2,273,900

• After your review and careful analysis of the above balance sheet items, you are required to answer the following questions:

2- mention the above balance sheet determinants? clarify with the explanation.

3- Discuss the ethical issue related to the way the above balance sheet was classified?

4- Make your opinion on the completeness and comprehensiveness of the above balance sheet.