The trial balance of Grouper Inc. and other related information for the year 2023 follows: Additional information: 1. The inventory has a net realizable value of $212,200. The FIFO method of inventory valuation is used. 2. The FVOCl investments' fair value is $378,600. 3. The amount of the Construction in Process account represents the costs to date on a building in the process of construction. (The company is renting factory space while waiting for the new building to be completed.) The land that the building is being constructed on cost $85,400, as shown in the trial balance. 4. The company purchased the patents at a cost of $40,000, and the patents are being amortized on a straight-line basis. 5. The bonds payable have a face value of $200,100, bear interest at 7% payable every December 31 , and are due January 1,2035 . 6. Of the remaining $19,100 unamortized discount on bonds payable (face value $200,000 less carrying amount $181,000 ), $1,910 will be amortized in 2024 . 7. The notes payable represent bank loans that are secured by FVOCl investments carried at $120,800. These loans are due in 2024. 8. For common shares, an unlimited number are authorized and 539,000 are issued and outstanding