Sage SpA has decided to expand its operations. The bookkeeper recently completed the following statement of financial position in order to obtain additional funds for expansion. Sage SpA Statement of Financial Position December 31, 2022 Current assets Cash 231,000 Accounts receivable (net) 341,000 Inventory (at lower-of-average-cost-or-net realizable value) 402,000 Trading securities-at cost (fair value 121,000) 141,000 Property, plant, and equipment Buildings (net) Equipment (net) Land held for future use Intangible assets Goodwill Other identifiable assets Prepaid expenses 571,000 161,000 176,000 81,000 91,000 13,000 Current liabilities Accounts payable 136,000 Notes payable (due next year) 126,000 Pension liability 83,000 Rent payable 50,000