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Current Attempt in Progress The statement of financial position of Concord Corporation as at December 31,2023 , is as follows: Cash 316,620 Assets allocated to

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Current Attempt in Progress The statement of financial position of Concord Corporation as at December 31,2023 , is as follows: Cash 316,620 Assets allocated to trustee for plant expansion Cash Treasury notes, at cost and fair value 216,000 248,400$6,773,400 Equities Notes payable (Note 4) $1,080,000 Common shares, unlimited authorized, 500,000 issued 2,070,000 Retained earnings 1,270,800 Accounts payable 453,600 Appreciation capital (Note 2) 1,026,000 Income tax payable 135,000 Reserve for depreciation of building 738,000 Note 1: Goodwill in the amount of $126,000 was recognized because the company believed that the carrying amount of assets was not an accurate representation of the company's fair value. The gain of $126,000 was credited to Retained Earnings. Note 2: Buildings are stated at cost, except for one building that was recorded at its appraised value because management determined the building to be worth more than originally paid at acquisition. The excess of the appraisal value over cost was $1,026,000. Depreciation has been recorded based on cost. Note 3: Investments-trading are FV-NI investments and have a fair value of $135,000. Investments in shares (FV-OCI) have a fair value of $360,000. Both investments are currently recorded at cost. Note 4: Notes payable are long term except for the current principal instalment due of $180,000. repare a corrected classified statement of financial position in good form. The notes above are for information only, Assume that you lave decided not to use the revaluation model for property, plapt, and equipment. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, and Buildings.)

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