Bayou Corporation produced the following draft statement of financial position at December 31, 2020. Bayou Corporation Statement of Financial Position December 31, 2020 Current Assets $518,950 Current liabilities $406,600 Investments 684,800 Long-term 1,027,200 liabilities Property, plant, 1,840,400 Shareholders' 1,893,900 and equipment equity (see additional information items #7 and 8 below) Intangible assets 283,550 Total Assets $3,327,700 Total Liabilities $3,327,700 and Shareholders' Equity The following additional information is available: 1. The current assets section includes the following: cash $160,500; accounts receivable $181,900, less $10,700 allowance for doubtful accounts; inventory $192,600; and warranty payable $5,350. The cash balance is composed of $203,300, less a bank overdraft of $42,800 (at a separate financial institution). Inventory is stated at the lower of FIFO cost and net realizable value. 2. The investments section includes the following: note receivable from a related company, due in 2026, $42,800; FV-NI investments in shares $85,600 (fair value $85,600); FV-OCI investments in shares $133,750 (fair value $165,850); bond wwww sinking fund $267,500; and patents $123,050, net of accumulated amortization.