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Equipment 800,000 Bonds payable (due in three years) 1,300,000 Accumulated depreciation-equipment 72,000 Intangible assets-franchises (net) 270,000 Common shares 929,000 Intangible assets-patents (net) 385,000 Retained earnings
Equipment 800,000 Bonds payable (due in three years) 1,300,000 Accumulated depreciation-equipment 72,000 Intangible assets-franchises (net) 270,000 Common shares 929,000 Intangible assets-patents (net) 385,000 Retained earnings 781,000 Accumulated other comprehensive income 98,000 Totals $15,658,000 $15,658,000 * The investment income or loss relates to the FV-NI investments. (a) Prepare a classified statement of financial position as at December 31, 2020. Ignore income taxes. (List Current Assets in order of liquidity. List Property. Plant and Equipment in order of Land, Buildings and
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