Subpump Limited is an active business corporation owned 100% by George Simpson, who has been attempting to sell the company for several years and have recently received an offer from a serious buyer. As of December 31, 2022, the companys financial position was as follows: Assets Accounts receivable $ 2,000,000 Inventory (at cost) 700,000 Land 1,000,000 Building (at cost) $ 1,500,000 Accumulated capital cost allowance (600,000 ) 900,000 Equipment (at undepreciated capital cost) 400,000 Goodwill (at cost) $ 300,000 Accumulated capital cost allowance (120,000 ) 180,000 $ 5,180,000 Liabilities and Shareholders Equity Current liabilities $ 2,380,000 Shareholders equity: Common shares $ 10,000 Retained earnings 2,790,000 2,800,000 $ 5,180,000 Additional information Relevant asset values are as follows: