The following is the Statement of Financial Position from Blue Company for 2019: Blue Company Statement of Financial Position December 31, 2019 (in Rupiah) Current 485.000.000 Assets 1.770.000.000 Equity 1.720.000.000 Property, Plant, and 265.000.000 Equipment Intangible Assets 960.000.000 Noncurrent Liabilities 380.000.000 Current 640.000.000 Liabilities Investments Additional information regarding Blue Company is as follows: 1) Intangible assets include a franchise of IDR 165,000,000 and goodwill of IDR 100,000,000. 2) Noncurrent liabilities only consist of 7% bonds payable due in 2027. 3) Current assets include IDR 150,000,000 Cash, IDR 170,000,000 Account Receivable less IDR 10,000,000 for allowance for doubtful accounts, Inventory Rp. 180,000,000, unearned revenue IDR 5,000,000. Inventory is valued based on lower of FIFO cost or net realizable value. 4) Investment includes land held for speculation of IDR 40,000,000; investment in ordinary shares, short term (trading) IDR 80,000,000 and long term (nontrading) IDR 270,000,000; and a bond sinking fund of IDR 250,000,000. Investment in ordinary shares has the same cost and fair value. 6) Current liabilities include notes payable-short term of IDR 80,000,000, notes payable long term of IDR 120,000,000, and income taxes payable of IDR 40,000,000, account payable of IDR 140,000,000 6) Property, plant, and equipment includes land of IDR 500,000,000, and land held for future use of Rp. 270,000,000, buildings of IDR 1,040,000,000 minus accumulated depreciation of IDR 360,000,000, equipment of Rp. 450,000,000 minus accumulated depreciation of Rp. 180,000. 000. 7) Equity consists of capital preference with a par value of IDR 5,000 per share, authorized 200,000 shares, issued 90,000 shares, total IDR 450,000,000 and share of ordinary capital with a par value of IDR 1,000 per share, authorized 400,000 shares, issued 100,000 shares with an average price IDR 10,000. The Company has Retained Earning of IDR 320,000,000