Note 1: Goodwill in the amount of $66,500 was recognized because the company believed that the carrying amount of assets was not an accurate representation of the company's fair value. The gain of $66,500 was credited to Retained Eamings. Note 2: Buildings are stated at cost, except for one building that was recorded at its appraised value because management determined the building to be worth more than originally paid at acquisition. The excess of the appraisal value over cost was $541,500. Depreciation has been recorded based on cost. Note 3: Investments-trading are FV-NI investments and have a fair value of $71,250. Investments in shares (FV-OCl) have a fair value of $190,000. Both investments are currently recorded at cost. Note 4: Notes payable are long term except for the current principal instalment due of $95,000. (a) Prepare a corrected classified statement of financial position in good form. The notes above are for information only. Assume that you have decided not to use the revaluation model for property, plant, and equipment. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, and Buildings.) Liabilities and Shareholders' Equity Current Liablittles Notes Payable Income Tax Payable Total Current Llabliltles Long-Term Llabillties Notes Payable Total Llabilitles Shareholders' Equlty Common Shares Retalned Earnings Total Shareholders' Equlty Total Llabilitles and Shareholders' Equlty GROUPER CORPORATION Statement of Financial Position December 31,2023 Assets Current Assets Cash $ Inventory A.ccounts Recelvable FV-OCI Imvestments Current Assets Long-Term Investments A.ssets Allocated to Trustee for Expansion Cash Long-Term Debt .2023, is as follows