Current Attempt in Progress Selected accounts of Pina Colada Limited at December 31, 2023, follow: Finished Goods Inventory $163,000 Cost of Goods Sold $2,500,000 Unearned Revenue 92,000 Notes Receivable 52,000 Bank Overdraft 8,700 Accounts Receivable 331,000 Equipment 403,000 Raw Materials Inventory 307,000 Work-in-Process Inventory 43,000 Supplies Expense 79,000 Cash 53,000 Allowance for Expected Credit Losses 22,000 FV-NI Investments 42,000 Intangible Assets-Trade Names 31,000 Interest Payable 49,000 Contributed Surplus 15,000 Restricted Cash (for Plant Expansion) 53,000 Common Shares 286,000 The following additional information is available: 1. Inventory is valued at the lower of cost and net realizable value using FIFO. 2. Equipment is recorded at cost. Accumulated depreciation, calculated on a straight-line basis, is $59,600. 3. The FV-NI investments have a fair value of $38,000. 4. The notes receivable are due April 30, 2024, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrue interest due on December 31, 2023.) 5. 6. 7. The allowance for expected credit losses applies to the accounts receivable. Accounts receivable of $53,000 are pledged as collateral on a bank loan. Intangible Assets-Trade Names are reported net of accumulated amortization of $21,000. The bank overdraft is at the same bank as the amount reported above under Cash and therefore Pina Colada has (correctly) chosen to net the bank overdraft and cash amounts for financial statement purposes. Prepare the current assets section of Pina Colada's statement of financial position as at December 31, 2023. (List Current Assets in order of liquidity.) Current Assets Pina Colada Limited Statement of Financial Position (Partial) .. > $ SA SA