Q Echo Ltd. has three buildings and a loan related to the buildings that it plans to sell. During the current year, these items were classified as a disposal group held for sale. As of its year-end, December 31, 2015, the fair value less costs to sell of the buildings was 910,000, and the carrying amount of the loan was 120,000. Echo Ltd revalues all its buildings. 90,000 of the revaluation reserve relates to the disposal group. 9 Click here to view the statement of financial position disclosure for this disposal group and then select the correct presentation and disclosures. Select the correct options and click Submit. Echo Ltd. offset the assets and liabilities of the disposal group. The assets of the disposal group are disclosed separately from other assets. Comparative figures were restated to reflect the classification in the current statement of financial position. The cumulative revaluation reserve of 90,000 was not presented separately in other comprehensive income. The disposal group is disclosed under current assets. Submit Echo Ltd. Statement of financial position as of December 31, 2015 2015 2014 ASSETS Non-current assets Property, plant and equipment X X X Current assets Inventories Trade receivables Cash and cash equivalents X X X 790,000 Non-current assets classified as held for sale 771,000 Total assets X EQUITY AND LIABILITIES Share capital Retained earnings Revaluation reserve Total equity X X 199,000 X 121,000 X Non-current liabilities Long-term borrowings Total non-current liabilities X X Current liabilities Trade and other payables Short-term provisions Total current liabilities X X Total liabilities X Total equity and liabilities