The following are the statement of financial position and excerpts from the notes to the financial statements for Renforth Ltd. (Renforth), a public company, for the years ended December 31, 2021 and 2020: Assets Renforth Ltd. Statement of financial position Cash Accounts receivable As at December 31 2021 2020 $ 3,165,000 $ 728,000 Prepaid expenses Investments* Property, plant, and equipment (PPE) Accumulated depreciation - PPE Total assets Liabilities and shareholders' equity Accounts payable Total liabilities Shareholders' equity Common shares 112,000 396,000 30,000 24,000 1,035,000 245,000 2,623,000 2,634,000 (1,290,000) (921,000) $ 5,675,000 $3,106,000 $ 727,000 $ 386,000 727,000 386,000 2,833,000 2,145,000 2,115,000 575,000 4,948,000 2,720,000 $5,675,000 $3,106,000 Total shareholders' equity Retained earnings Total liabilities and shareholders' equity *Investments are classified as fair value through profit and loss (FVPL). The following are excerpts from the notes to the financial statements for Renforth for the years ended December 31, 2021 and 2020: