The bookkeeper for Rodrigues Corp has prepared the following balance sheet as at December 31, 2022:

Rodrigues Corp Balance Sheet December 31, 2022

Cash	$ 510,000	Current Liabilities	$ 1,050,000
Accounts Receivable (net)	387,000	Long-term Liabilities	1,800,000
Inventories	240,000	Shareholders Equity	657,000
Investments	210,000
Land	600,000
Building (net) Equipment (net)	1,300,000 200,000
Tradename (net)	60,000
	$3,507,000		$3,507,000

The following additional information is provided:

The cash balance includes:

Petty cash fund	$ 1,200
T-bill	24,000
Cash advance to employee, payable on demand	6,000
Saving Account at TD Bank	15,000
Money market fund	30,000
Chequing account at the Bank of Montreal	442,200
Bank overdraft at the Scotia Bank (no other accounts are held at	(8,400)
Total	$510,000

2.The allowance for doubtful accounts $61,200.

3.The net realizable value of the inventory that is included in the Balance Sheet is $210,000.

In addition, inventories do not include:

$120,000 of merchandise that was in transit at December 31. The inventory was sold to ONG Inc. with terms f.o.b. destination point (the net realizable value of this inventory was $180,000).

$60,000 was shipped from Park Inc. to Rodrigues for consignment. The net realizable value for this inventory is $90,000.

4. The land balance includes: land used for operations and recorded at its cost of $600,000 (the appraisal value of the land in 2022 was $1,800,000). The company doesnt use the revaluation model.

The company is a Canadian public company. Restate the asset side of Rodriguess Statement of Financial Position sheet at December 31, 2022 in good form. The categories are: Current Assets, Long-term Investments, Property, Plant & Equipment and Intangible Assets.