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

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Bramble Corp. has decided to expand its operations. The bookkeeper recently completed the following statement of in order to obtain additional funds for expansion: Goodwill 81,000 Investment in bonds to collect cash flows, at amortized cost 95,000 Prepaid expenses 32,000 Current liabilities Accounts payable 385,000 Notes payable (due next year) 275,000 Pension obligation 101,000 Rent payable 55,000 Long-term liabilities Bonds payable 584,000 Shareholders' equity Common shares, unlimited authorized, 320,000 issued 320,000 Contributed surplus 290,000 Retained earnings ? Prepare a revised statement of financial position using the available information. Assume that the bank overdraft relates to a bank account held at a different bank from the account with the cash balance. Assume that the accumulated depreciation bal ance for the buildings is $270,000 and that the accumulated depreciation balance for the equipment is $245,000. The allowance fur experted List Property, Plant and Equipment in order of Buildings, and Equipment.) Bramble Corp. has decided to expand its operations. The bookkeeper recently completed the following statement of in order to obtain additional funds for expansion: Goodwill 81,000 Investment in bonds to collect cash flows, at amortized cost 95,000 Prepaid expenses 32,000 Current liabilities Accounts payable 385,000 Notes payable (due next year) 275,000 Pension obligation 101,000 Rent payable 55,000 Long-term liabilities Bonds payable 584,000 Shareholders' equity Common shares, unlimited authorized, 320,000 issued 320,000 Contributed surplus 290,000 Retained earnings ? Prepare a revised statement of financial position using the available information. Assume that the bank overdraft relates to a bank account held at a different bank from the account with the cash balance. Assume that the accumulated depreciation bal ance for the buildings is $270,000 and that the accumulated depreciation balance for the equipment is $245,000. The allowance fur experted List Property, Plant and Equipment in order of Buildings, and Equipment.)

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