PT has owned 60% of the issued equity share capital of SC for many years. At 31 October 20X7, the individual statements of financial position included the following: PT $ SC $ Current assets 700,000 500,000 Current liabilities 300,000 200,000 Neither had a bank overdraft at 31 October 20X7. During the year ended 31 October 20X7, PT made $100,000 sales on credit to SC. SC had one-quarter of these goods in inventory at 31 October 20X7. PT makes a 20% gross profit margin on all sales. On 31 October 20X7, SC sent a cheque for $50,000 to pay all of the outstanding balance due to PT. PT did not receive this cheque until 2 November 20X7. PT's policy for in-transit items is to adjust for them in the parent company. In respect of current assets and current liabilities, what amounts will be reported in PT's consolidated statement of financial position at 31 October 20X7?