Trademark Land Suderen Or Pinanciar POSICION December 31, 2017 280,000 Share Capital 360,000 Retained Earnings 480,000 1,000,000 400,000 1,480,000 Buildings Less:Accum. Depreciation Land Held for Investment 80.000 320,000 680,000 Accounts Payable 300,000 240,000 Salaries Wages Payable Prepaid Insurance 120,000 40,000 Mortgage Payable 280,000 360,000 Inventory Accounts Receivable Cash 200,000 260.000 640.000 * 2,120,000 Total Equity and abilities Total Assets 42,120,000 The total amount of assets to be classified as current assets is Y860,000 580,000 1,160,000 720,000