Selected accounts follow of Blue Spruce Limited at December 31, 2020:

Finished Goods Inventory		$157,000		Cost of Goods Sold		$3,800,000
Unearned Revenue		92,000		Notes Receivable		48,000
Bank Overdraft		9,800		Accounts Receivable		251,000
Equipment		403,000		Raw Materials Inventory		367,000
Work-in-Process Inventory		44,000		Supplies Expense		61,000
Cash		60,000		Allowance for Doubtful Accounts		31,000
FV-NI Investments		36,000		Intangible AssetsTrade Names		22,000
Interest Payable		49,000		Contributed Surplus		18,000
Restricted Cash (for Plant Expansion)		60,000		Common Shares		306,000

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 $62,600.
3.		The FV-NI investments have a fair value of $34,000.
4.		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.)
5.		The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $60,000 are pledged as collateral on a bank loan.
6.		Intangible AssetsTrade Names are reported net of accumulated amortization of $24,000.
7.		The bank overdraft is at the same bank as the amount reported above under Cash.

(a) Prepare the current assets section of Blue Spruce Limiteds statement of financial position as at December 31, 2020. (