Bridgeport 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: $ 410,000 422,000 501,000 BRIDGEPORT CORP. Statement of Financial Position For the Year Ended December 31, 2020 Current assets Cash (net of bank overdraft of $ 31,000) Accounts receivable (net) Inventory at the lower of cost and net realizable value FV-Nl investments (at cost-fair value $ 170,000) Property, plant, and equipment Buildings (net) Equipment (net) Land held for future use Intangible assets 230,000 710,000 290,000 305,000 Goodwill 87,000 102,000 17,000 Investment in bonds to collect cash flows, at amortized cost Prepaid expenses Current liabilities Accounts payable Notes payable (due next year) Pension obligation 205,000 165,000 99,000 Rent payable 61,000 Long-term liabilities 676,000 Bonds payable Shareholders' equity Common shares, unlimited authorized, 390,000 issued 390,000 Contributed surplus 280,000 Contributed surplus 280,000 Retained earnings (a) 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 balance for the buildings is $ 250,000 and that the accumulated depreciation balance for the equipment is $ 195,000. The allowance for doubtful accounts has a balance of $ 30,000. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) BRIDGEPORT Corp Statement of Financial Position Assets $ A