The statement of financial position of Pina Colada Corporation as at Decamber $31,2023,$ is as follews:

Nots $3$: Investments$-$trading are PV$-$NI investments and have a fair value of $$93,750.$ Investmants in shares $($FV$-$OCD$)$ have a fair value of $$250,000.$ Bath investmants are currantly recorded at coat.

Note $4$: Notes payable ars lang term evespt for the current principal instalmant due of $$125,000$

$($a$)$