The following additional information is available: shares $118,750 (fair value $147,250 ); bond sinking fund $237,500; and patents $109,250, net of accumulated amortization. for future use $256,500. 4. Intangible assets include franchise, net of accumulated amortization, $251,750. 5. Current liabilities include the following: accounts payable $133,000; notes payable, short-term $76,000, long-term $114,000; and income tax payable $38,000. 6. Long-term liabilities are composed solely of 7% bonds payable issued at a discount, due in 2031. average price of $10 per share. In addition, the corporation has retained earnings of $275,500 and accumulated other comprehensive income of $28,500. Prepare a statement of financial position in good form. (Adjust the amounts in each SFP classification based on the additional information.) (List Assets in order of liquidity. List Property, Plant, a and Equip order of Land, Buildings, and Equipment.) MARTINEZ CORPORATION Statement of Financial Position Assets $ $ : $ v: v: Liabilities and Shareholders' Equity $