PLTO Ltd. is considering purchasing the net assets of Blue Corporation. Following is the statement of financial position of Blue as at December 31, 2023: Blue Corporation Statement of Financial Position As at December 31, 2023 Current assets $235,400 Buildings and equipment 759,000 Accumulated depreciation (109,000) Land 173,000 Total assets $1,058,400 Current liabilities $197,000 Common shares 581,000 Retained earnings 280,400 Total equities $1,058,400