Martinez Corp. has decided to expand its operations. The bookkeeper recently completed the following statement of financial position in order to obtain additional funds for expansion:

Martinez Corp.

Statement of Financial Position

For the Year Ended December $31,2023$

Current assets

Cash $($net of bank overdraft of $$34,000)$

$ $410,000$

Accounts receivable $($net$)$

$526,000$

Inventory at the lower of cost and net realizable value

$571,000$

FV$-$NI investments $($at cost$-$fair value $$280,000)$

$300,000$

Property, plant, and equipment

Buildings $($net$)$

Equipment $($net$)$

$590,000$

$280,000$

$185,000$

Land held for future use

Intangible assets

Goodwill

$97,000$

Investment in bonds to collect cash flows, at amortized cost

$97,000$

Prepaid expenses

$20,000$

Current liabilities

Accounts payable

$395,000$

Notes payable $($due next year$)$

$145,000$

Pension obligation

$94,000$

$62,000$

Rent payable

Long$-$term liabilities

Bonds payable

Shareholders' equity

Common shares, unlimited authorized, $460,000$ issued

Contributed surplus

Retained earnings

$603,000$

$460,000$

$320,000$

$?$

$($a$)$

Prepare a revised statement of financial position using the available information. Assume that the bank overdraft relates to a bank account held at a different bank from the account with the cash balance. Assume that the accumulated depreciation balance for the buildings is $$290,000$ and that the accumulated depreciation balance for the equipment is $$195,000.$ The allowance for expected credit losses has a balance of $$30,000.$ The pension obligation is considered a long$-$term liability. $($List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Buildings, and Equipment.$)$ Please provided detailed solutions.