Property, plant and equipment.... 900,000

Inventory..... 2700,000

Cash.... 350,000

Share capital (issued 20x5)...400,000

Retained earnings.... 2,350

Noncurrent liabilities... 500,000

Current liabilities.... 700,000

The property, plant and equipment was purchased on December 31, 2018, and there is a six months' inventory held. The noncurrent liabilities were a loan raised on March 31, 2019. The total assets after adjusting for hyperinflation should

The general price index had moved in this way:

2015.... 100

2016.... 130

2017.... 150

2018.... 240

2019.... 300

Persia Inc. operates in a hyperinflationary economy. Its balance sheet at December 31, 2019 is shown above.