Golden Corporation is a public company listed on the Toronto Stock Exchange "TSX" with a December 31, year-end. The following is the Statement of Financial Position as at December 31, 2021 prepared internally by management.

Assets:

Cash.. $150,000

Accounts receivable..75,000

Property, Plant, & Equipment (net)...1,408,000

Inventory...212,000

Total Assets: $2,795,000

Liabilities & Shareholder's Equity

Accounts Payable... $125,000

Income Tax Payable..50,000

Long-term Debt...650,000

Retained Earnings....1,200,000

Common Shares, unlimited authorized, 200,000 issued...770,000

Total Liabilities & Shareholder's Equity: $2,795,000

Following Additional Info is provided: Included in accounts receivable is an amount of $15,000 from a customer with financial difficulties. As per management, the collectability of this amount is doubtful. Property, plant, & equipment includes equipment costing $65,000 with accumulated depreciation of $42,500. This equipment is no longer used & is held for sale. The accumulated appreciation on the other property, plant, & equipment is $577,500. Inventory does not include goods costing $8,000 shipped on consignment. Receivables of $8,000 were recorded on these goods: the goods have not yet been sold by the consignee. Investments are recorded at cost & consist of: $225,000 investments trading FV-NI (fair value through net income) with fair value of $175,000. $400,000 investments in shares (FV-OCI) with a fair value of $470,000, $325,000 patents with indefinite useful lives. Long-term debt includes current principal investment due of $250,000.

Required: Prepare a correct classified statement of financial position in good form.