The statement of financial position of Bridgeport Corporation as at December 31,2023 , is as follows: Note 1: Goodwill in the amount of $122,500 was recognized because the company believ company's fair value. The gain of $122,500 was credited to Retained Earnings. company's fair value. The gain of $122,500 was credited to Retained Earnings. Note 2: Buildings are stated at cost, except for one building that was recorded at its appraised value because management determin originally paid at acquisition. The excess of the appraisal value over cost was $997,500. Depreciation has been recorded bas Note 3: Investments-trading are FV-NI investments and have a fair value of $131,250. Investments in shares (FV-OCI) have a fair V currently recorded at cost. Note 4: Notes payable are long term except for the current principal instalment due of $175,000. (a) Prepare a corrected classified statement of financial position in good form. The notes above are for information only. Assume that you model for property, plant, and equipment. (List Current Assets in order of liquidity. List Property. Plant, and Equipment in order of Land, and B The statement of financial position of Bridgeport Corporation as at December 31,2023 , is as follows: Note 1: Goodwill in the amount of $122,500 was recognized because the company believ company's fair value. The gain of $122,500 was credited to Retained Earnings. company's fair value. The gain of $122,500 was credited to Retained Earnings. Note 2: Buildings are stated at cost, except for one building that was recorded at its appraised value because management determin originally paid at acquisition. The excess of the appraisal value over cost was $997,500. Depreciation has been recorded bas Note 3: Investments-trading are FV-NI investments and have a fair value of $131,250. Investments in shares (FV-OCI) have a fair V currently recorded at cost. Note 4: Notes payable are long term except for the current principal instalment due of $175,000. (a) Prepare a corrected classified statement of financial position in good form. The notes above are for information only. Assume that you model for property, plant, and equipment. (List Current Assets in order of liquidity. List Property. Plant, and Equipment in order of Land, and B