The current assets and current liabilities sections of the statement of financial position of Pina Colada Corp. are as follows:

PINA COLADA CORP. Statement of Financial Position (partial) December 31, 2020
Cash				$49,000		Accounts payable		$66,000
Accounts receivable		$92,000				Notes payable		70,000
Allowance for doubtful accounts		7,400		84,600
Inventory				200,680
Prepaid expenses				9,800
				$344,080				$136,000

The following errors have been discovered in the corporations accounting:

1.		January 2021 cash disbursements that were entered as at December 2020 included payments of accounts payable in the amount of $39,000.
2.		The inventory balance is based on an inventory count that included $33,000 of merchandise that was received at December 31 but with no purchase invoices received or entered. Of this amount, $15,000 was received on consignment; the remainder was purchased f.o.b. destination.
3.		Sales for the first four days of January 2021 in the amount of $32,000 were entered in the sales book as at December 31, 2020. Of these, $23,500 were sales on account and the remainder were cash sales.
4.		Cash, not including cash sales, collected in January 2021 and entered as at December 31, 2020, totalled $37,324. Of this amount, $25,578 was received on account; the remainder was proceeds on a bank loan. (the amount owed to the bank for January 2021 was included as part of the Notes Payable account.)

(a)

Restate the statement of financial positions current assets and current liabilities sections. (Assume that both accounts receivable and accounts payable are recorded gross.) (List Current Assets in order of liquidity. Round answers to 0 decimal places, e.g. 5,752.)