Note 3: Investments-trading are FV-NI investments and have a fair value of $135,000. Investments in shares (FV-OCI) have a fair value of $360,000. Both investments are currently recorded at cost. Note 4: Notes payable are long term except for the current principal instalment due of $180,000. Total Assets Liabilities and Shareholders' Equity Notes Payable Accounts Payable Income Tax Payable Current Portion of Notes Payable Total Long-Term Investments Shareholders' Equity Common Shares Retained Earnings Total Shareholders' Equity $ $ $ The statement of financial position of Concord Corporation as at December 31, 2023, is as follows: Concord Corporation Statement of Financial Position December 31, 2023 Assets Goodwill (Note 1) Buildings (Note 2) Inventory Investments-trading (Note 3) Land Accounts receivable Investments in shares (FV-OCl) (Note 3) Cash Assets allocated to trustee for plant expansion Cash Treasury notes, at cost and fair value $126,0002,952,000561,780180,0001,710,000306,000156,600316,620 216,000 6,773,400248,400 Equities Notes payable (Note 4) $1,080,0002,070,0001,270,800453,6001,026,000135,000738,000$6,773,400 Common shares, unlimited authorized, 500,000 issued Retained earnings Accounts payable Appreciation capital (Note 2) Income tax payable Reserve for depreciation of building Note 3: Investments-trading are FV-NI investments and have a fair value of $135,000. Investments in shares (FV-OCI) have a fair value of $360,000. Both investments are currently recorded at cost. Note 4: Notes payable are long term except for the current principal instalment due of $180,000. Total Assets Liabilities and Shareholders' Equity Notes Payable Accounts Payable Income Tax Payable Current Portion of Notes Payable Total Long-Term Investments Shareholders' Equity Common Shares Retained Earnings Total Shareholders' Equity $ $ $ The statement of financial position of Concord Corporation as at December 31, 2023, is as follows: Concord Corporation Statement of Financial Position December 31, 2023 Assets Goodwill (Note 1) Buildings (Note 2) Inventory Investments-trading (Note 3) Land Accounts receivable Investments in shares (FV-OCl) (Note 3) Cash Assets allocated to trustee for plant expansion Cash Treasury notes, at cost and fair value $126,0002,952,000561,780180,0001,710,000306,000156,600316,620 216,000 6,773,400248,400 Equities Notes payable (Note 4) $1,080,0002,070,0001,270,800453,6001,026,000135,000738,000$6,773,400 Common shares, unlimited authorized, 500,000 issued Retained earnings Accounts payable Appreciation capital (Note 2) Income tax payable Reserve for depreciation of building