Highland company provided the following information on December 31, 2018:

Cash 2,000,000

Trade and other receivables 2,600,000

Property, plant and equipment-net 4,600,000

Trade and other payables 1,800,000

Share capital 4,000,000

Revaluation surplus 400,000

Retained earnings 3,000,000

The general price index numbers are 112 on January 1, 2015 which is the date of incorporation, 125 on December 31, 2017 and 280 on December 31, 2018. The property, plant and equipment were acquired on January 1, 2015 but were revalued on December 31, 2017.

Required:

Prepare a statement of financial position on December 31, 2018 adjusted for general price change