The statement of financial position of Contord Corporation follows for the current yea, 2023: The following additional information is arailable: 1. The current assets section includes the following cash $165,000, accounts receivable $187,000, less $11,000 allowance for expected credit lossest inventory $198,000, and unearned revenue $5.500. The cash balance is composed of $209,000. les5 a bank overdraft of S44000 (at a separate financial institution). Imventory is stated at the lower of Fif O cost and net realitable value 2. The imvestrnents section includes the follewing note receivable from a related compary, due in 2029,544,000: FV:Ni investments inshares $88,000 (fair value $88.000) FV-OCl imvestrments in shares $137,5.00 (hair value $170,500 ) bond sinkinizfund $275,000, and patents $126,500, nat of accumulated amortization. 3. Property, plant and equipment include buildings $1,144,000, less accumulated depreciation $396,000,equipment $495,000. lessaccumulated depreciation $198,000; land $550,000, and land beld for future use $297,000. 4. Intangible assets include franchise, net of acciamulated amortization. $291.500. 5. Current liabilities include the following accounts pavable $154,000, notes payable, short-term $88,000, long-term 5132,000 ;and income taxpayble $44,000 6. Long-term liabilities are compoyed solely of 7 th bonds payable issued at a discount, due in 2031. 7. Shareholders equity has 70,000 peferred shares (2,00,000 anthorized), which were is sued for 5,495,000, and 110,000 common stares (unlirnited number author ized), which were bsued at an average price of $10 per share. In addition, the corporation has retained earnings of $319,000 and accumulated other comprehensive income of $33,000. (a) Prepare a statement of financial position in good form (Adjust the amounts in each SFF classification based on the additional information) (Wst Assets in order of Aquifity (ist Property Plant, and Equlpment in order of Land, Bullings and Equipment)