Selected accounts follow of Beta Ltd. at December 31, 2020: 

Finished Goods Inventory $304,000 

Cost of Goods Sold $4,200,000 

Unearned Revenue 180,000 

Notes Receivable 80,000 

Bank Overdraft 16,000 

Accounts Receivable 322,000 

Equipment 506,000 

Raw Materials Inventory 374,000 

Work-in-Process Inventory 68,000 

Supplies Expense 120,000 

Cash 100,000 

Allowance for Doubtful Accounts 24,000 

FV-NI Investments 62,000 

Intangible Assets—Trade Names 36,000 

Interest Payable 72,000 

Contributed Surplus 32,000 

Restricted Cash (for Plant Expansion) 100,000 

Common Shares 544,000 

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 $101,200. 

3. The FV-NI investments have a fair value of $58,000. 

4. The notes receivable are due April 30, 2021, with interest receivable every April 30. The notes bear interest at 6%. 

5. The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $100,000 are pledged as collateral on a bank loan. 

6. Intangible Assets—Trade Names are reported net of accumulated amortization of $28,000. 

7. The bank overdraft is at the same bank as the amount reported above under Cash. 

Required: 

Prepare the current assets section of Beta Ltd.’s statement of financial position as at December 31, 2020, with appropriate disclosures.