Exercise 5-8 b (Essay) The trial balance of Zhang Ltd. at December 31, 2020, follows: Credits Debits $205,000 Cash $8,010,000 153,000 4,800,000 299,000 277,000 98,000 645,000 1,860,000 13,000 260,000 1,040,000 36,000 96,000 515,000 Sales revenue FV-NI investments (at fair value) Cost of goods sold Bond investment at amortized cost FV-OCI investments (fair value $345,000) Notes payable (due in six months) Accounts payable Selling expenses Investment income or loss* Land Buildings Dividends payable Income tax payable Accounts receivable Accumulated depreciation-buildings Allowance for doubtful accounts Administrative expenses Interest expense Inventory Gain on disposal of land Dividends Notes payable (due in five years) Equipment Bonds payable (due in three years) Accumulated depreciation-equipment Intangible assets-franchises (net) Common shares Intangible assets-patents (net) Retained earnings Accumulated other comprehensive income Totals 152,000 25,000 900,000 211,000 687,000 60,000 40,000 900,000 600,000 1,000,000 60,000 160,000 809,000 195,000 218,000 80,000 $12,202,000 $12,202,000 * The investment income or loss relates to the FV-NI investments. (b) Is there any situation where it would make more sense to have a statement of financial position that is not classified? If so, explain what it is and why