Question Three Lava Company is a small construction company involved in housing development. The following statement of financial position as on December 31, 2019. (all figures in US$) Fixed assets Land and real estate 500,000 Vehicle 200,000 Furniture and fittings 1,000,000 Equipment and machinery 300,000 Non-current assets Investments: available for sale Current assets Inventories House under constructions Raw materials Equipment for construction Trade receivables Deposit paid Cash in hand Cash at bank 500,000 Note 11,800,000 500,000 2,700,000 Note 2 500,000 Note 3 1,500,000 Note 4 350,000 2,140,000 10,000