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:

1.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.

2.The building originally cost $3,400,000 and the equipment originally cost $450,000. Depreciation for 2022 has already been recorded.

. Meridian Credit Union has pledged the building as security for their $1,800,000 loan to Rodrigues Corp. (collateral), the loan bears annual interests at 5%.

3.The Tradename originally cost $96,000 and is being amortized over 8 years on a straight-line basis. Amortization for 2022 had already been recorded.

4. On September 1st, 2022 the company decided to dispose of their Montreal division. The company estimates that can sell the equipment for $110,000 less selling costs of $5,000. Once this equipment is sold the company will no longer have any equipment. The revenue from the division was $200,000 and the expenses were $250,000 for 2022.

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.