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

Blue Spruce Corp.

Statement of Financial Position

For the Year Ended December $31,2023$

Current assets

$\backslash$table$[[$Cash $($net of bank overdraft of $$38,000),280,000],[$Accounts receivable $($net$),382,000],[$Inventory at the lower of costand net realizable value,$431,000],[$FV$-$NI investments $($at cost$-$fair value $$130,000),150,000]]$

Property, plant, and equipment

Intangible assets