Question 3 Vermillion Corporation reports the following selected accounts (in thousands) at December 31, 2018: Accounts payable Accounts receivable, gross Accumulated depreciation-buildings Accumulated depreciation equipment Allowance for doubtful accounts Bad debts expense Buildings Cash Cost of goods sold Equipment Held for trading investments $1,975 Income tax receivable 1,612 Interest revenue 970 Inventory 488 Land 30 Notes receivable (current) 138 Notes receivable (non-current) 2,724 Sales 574 Sales discounts 9,753 Supplies 751 205 $107 124 1,892 1,055 2,467 108 12,687 Prepare the assets section of Vermillion's statement of financial position. (List Current Assets in order of liquidity. List Property, Plant of Land, Buildings and Equipment.) VERMILLION CORPORATION Statement of Financial Position (Partial) (in thousands) Assets VERMILLION CORPORATION Statement of Financial Position (Partial) (in thousands) Awts