Selected accounts follow of Ayayai Limited at December 31, 2020: Finished Goods Inventory $153,000 Cost of Goods Sold $3,900,000 Unearned Revenue 93,000 Notes Receivable 54,000 Bank Overdraft 9,600 Accounts Receivable 211,000 Equipment 403,000 Raw Materials Inventory 357,000 Work-in-Process Inventory 49,000 Supplies Expense 73,000 Cash 52,000 Allowance for Doubtful Accounts 14,000 FV-NI Investments 39,000 Intangible Assets-Trade Names 28,000 Interest Payable 40,000 Contributed Surplus 18,000 Restricted Cash (for Plant Expansion) 52,000 Common Shares 274,000 The following additional information is available: 1. Inventory is valued at the lower of cost and net realizable value using FIFO. 2. Equipment is recorded at cost. Accumulated depreciation, calculated on a straight-line basis, is $58,600. 3. The FV-NI investments have a fair value of $32,000. 4. 5. The notes receivable are due April 30, 2021, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrue interest due on December 31, 2020.) The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $52,000 are pledged as 5. The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $52,000 are pledged as collateral on a bank loan. 6. Intangible Assets-Trade Names are reported net of accumulated amortization of $32,000. 7. The bank overdraft is at the same bank as the amount reported above under Cash. (a) Prepare the current assets section of Ayayai Limited's statement of financial position as at December 31, 2020. (List Current Assets in order of liquidity.) Ayayai Limited Statement of Financial Position For the Month Ended December 31.2020 Current Assets Cash Less FV - NI Investments Accounts Receivable Less : Allowance for Doubtful Accounts Notes Receivable Finished Goods Finished Goods Work-in-Process Raw Materials Total Current Assets $