Question 11 5 points Save Answe The following statement of financial position was prepared by the trainee accountant at Petra Company as of December 31, 2020 107750 investments Equipment (net) Goodwill Inventory (at cost) Receivables canh Total assets l Petra company statement of financial position at 31/12/2020 38150 Equity 48000 16000 28500 Non current liabilities 26100 Account payable 10000 Total liabilite 196750 Total liabilities & equity 50000 39000 89000 196750 Additional information 1 cash reported at statement of financial position above includes 55000 which is restricted for short term purposes, 56200 restricted to settle long term loan And $1000 cash overdratt which is nepayable on demand and its part of management policy to control cash, 2- at 31 12 2020 gross amount of receivables as $26100, and the balance of allowance for doubtful account $1.900 1 2 3 513 19 Additional information 1- cash reported at statement of financial position above includes $5000 which is restricted for short term purposes $6200 in restricted to settle long term loan. And $1000 cash overdraft which is repayable on demand and its part of management policy to control cash 2. at 31/12/2020 gross amount of receivables is $26100, and the balance of allowance for doubtful account is $1,900 3-at 31/12/2020 the net realizable value of inventory is $28,700 4- at 1/1/2020 the carrying amount of goodwill as $20,000 but the trainee calculate amortization for goodwill at S4,000 for 2020 5- investment account reported at statement above includes $10,000 for non-trading purposes, and the remaining a short term investment 6-equipment with $2,500 cost and $1.500 accumulated depreciation is held for sale. Accumulated depreciation on the other equipment is $15,000 Ignore any information about liabilities and equity, and answer the following questions 1. what is the correct amount of current assets to be reported at statement of financial position at 31.12.2020 2. what is the correct amount of non-current assets to be reported at statement of financial position at 31/12 2030